NTPC_Short IdeaNTPC is looking good for short. Once it breaches the breakout line it will fall more.
I'm a beginner if anything is wrong pls correct me.
NTPC
NPTC Heading to 90-91 levelsNTPC breached a major support of 93 and is currently lurking around at the level.
If it closes below 93. Short for 91 and 90 tomorrow.
In case of Gap down opening around 91 levels, Long from the targets mentioned above for 93 and beyond
LONG TILL 110After crying about my previous loss of Approx 30 Bigones , I'm back.
Going Long and holding till 110.
This time playing in CASH
NTPC LongThe bottom trend line indicates that the price is making higher lows, while finding resistance at Rs.99. This provides a good entry point at CMP with a target at about 100 while keeping SL at 90.5
NTPC - Ascending TriangleNote: This is for educational purpose only.
NTPC has formed an ascending triangle on daily chart. Breakout above 101 should give a fresh move upwards. RSI and MFI above 50 shows price momentum and volume is in bullish zone.
NTPC wait for the brekoutAfter breaking longterm resistance stock is moving in a triangle pattern
Wait for the breakout to go long
NTPC Long PositionNTPC go Long if it breaks the resistance of 98.
Ist Target - 104
2nd Target - 109
Stop loss - 90.20
Today It has almost 47% delivery
NTPC - BO of WBP - Positional LongNTPC is now breaking out of the Neckline of the W Bottom Pattern, is a good buy for Positional Trade.
CMP - 90.5, Target should be 96/100 soon
Sell NTPC below 90.5As we can see MACD has gone on -ve and stock is at verge to break upward trend line, Which intimates the trend changing to bearish soon. Hence,
Sell NTPC below - 90.5
T- 84.5
SL-93.5
NTPC AnalysisNTPC seems to be in Uptrend immediate support at 95 and resistance at 100, If 95 is broken it can go upto 90 -93 levels which are good levels for accumulation with stop loss of 84
93- 95 levels if not broken on closing basis then stock can bounce back to 100 levels.
NTPC IMMEDIATE Buy 84.85 NTPC IMMEDIATE Buy 84.85 , Stop loss 84.00/- Target 86.05/- ( Closed Half ) Second Target 86.85/- ( Close All )
NTPC Short Trade - Stock in a Overall Downtrend
- Rejected off Daily kijun / 50% Fib Level
- Close below a key S/R level
I am short from 50% level of Bearish Pinbar on March Futures. Will add more on 6th March after more confirmation.
Also sold 111 CE @ 1.6
NTPC may resume trend down again.Last few days we witnessed a rally in NTPC from 109 levels, this rally seems to be more of corrective nature and halted at the KS line on daily chart. RSI is well placed into bearish zone and MACD is bearish too with no positive bias as of now.
Short NTPC Target 111-109, SL 121NTPC is not looking good and one can short NTPC at current price for the target of 111-109. This will be the positional trade.
Looks Nice buy Limit Can place on 115.95NSE:NTPC trying a buy limit on 115.95/- looks worth a investment
