NTPC
NTPC Short I hope you can now see how Ntpc represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Example presented in these chart is for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NTPC LTDNTPC LTD:- Triple bottom formation & retesting done... Target seen 118,130₹++ WITH SL 90₹ CLBS
Long NTPC for target of 118NTPC has retraced 61% (fibonacci) from previous high and has very strong support at 84.90 which is also its life time support. Risk to reward ratio is favourable
This is positional trade and may take couple of months to come.
Buy for Target of 103, 109 and 118
Stop Loss : 84.90 (weekly closing basis)
If close below 84.90 then short for target of 79.40, 73 and 68
NTPC: Electric15 year Long term line (support) tested at Rs 75
Now witha huge move, looks like will stop at Rs 130.
BUy....its Electric
NTPC Short I hope you can now see how NTPC represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Example presented in these chart is for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NTPC INTRADAY SWING LONGSince, it didnt breach its support and formed a good bullish candle after a week consolidation, will look for now a buy opportunity if sustained above PDH (Previous day high)
NTPC 15 MIN ChartBuy ntpc now or wait for retracement till yellow line touch
trendline breakout after taking strong support
NTPC WEEKLY DEMAND AND SUPPLY TREND NTPC WEEKLY DEMNAD AND SUPPLY. WEEKLY DEMAND 85 + GO FOR LONG , SUPPLY. 100+. TARGET : 100 TO 110.
NTPC - Consolidation at SupportGo long above 86.3 for 88. Refer linked idea for Fib Retracement levels
NTPC - Fib RetracementBuy at CMP for 88, 89, 90 with SL at 87.
Keep trailing SL as Earnings Release can lead to large upward movements.
Please adjust for Future Prices.
or Go Long on Aug 90 CE
NTPC : Positional The Hammer + NIFTY trend suggests an upward movement is on for tomorrow.
The idea is supported by FIB retracements, both for the recent fall & overall COVID fall.
Positional trades:
Buy above 88.65 for Risk-takers & above 89 for the risk-averse for targets of 90, 91, 92.5 & 94 with SL at 86.8
TRADE THE BREAKOUT AT NTPCIf the breakout occurs with good volume, take long position. Place your targets and stop loss near support and resistance drawn.
NTPC educational viewNTPC has been steadily falling with average volume falling, meaning that the market makers/smart money are not interested in selling and are waiting for a buying opportunity. Price is near support/accumulation zone and this is where market makers will absorb all the sell order by buying. Falling wedge needs to be broken out for NTPC to move higher.
Target is 100, and after that it may find resistance, due to a psychological level of 100 and a strong resistance/distribution zone.
This is an educational post
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏
