15 year Long term line (support) tested at Rs 75 Now witha huge move, looks like will stop at Rs 130. BUy....its Electric
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...
Since, 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)
Buy ntpc now or wait for retracement till yellow line touch trendline breakout after taking strong support
As explained on Chart Buy if it breaks 87.6 for 90+
NTPC WEEKLY DEMNAD AND SUPPLY. WEEKLY DEMAND 85 + GO FOR LONG , SUPPLY. 100+. TARGET : 100 TO 110.
Looking Good for Intraday profit booking..
Go long above 86.3 for 88. Refer linked idea for Fib Retracement levels
NTPC chart analysis for intraday and swing trade
Buy 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
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
If the breakout occurs with good volume, take long position. Place your targets and stop loss near support and resistance drawn.
NTPC 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,...
The stock is trading near the support of curve line. It has already formed a M-top pattern that is double top. The stock is trading in between 100 and 90 price. The stock can be Bullish from this level and can move till 95.64. Below 88.65 stock can be bearish.
NTPC 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
After crying about my previous loss of Approx 30 Bigones , I'm back. Going Long and holding till 110. This time playing in CASH
The 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