NTPC
A BREAKOUT & RETESTED STOCK - NTPC NSE:NTPC
❇️A good low risk setup in daily time frame above 432 makes a perfect entry.
❇️SL below recent swing low. 420
❇️A very good weekly break out at weekly time frame.
❇️Expecting stock price to reach 445-450-460+ in up coming days.
❇️ Volume looks good.
❇️Every entry must have a stoploss partnered with it.
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BEL IS LOOKING BULLISHBEL is looking bullish as its reacted from strong zone. If if closes above 295 more bullishness will be added. These all views are my personal and posting here only for educational purposes. These are not buy/sell recommendations. Better contact your personal financial advisor before go are investing into any stock.
NTPC Continuing Bullish TrendNSE:NTPC Continuing Bullish Uptrend, After making Election Results High those levels acted as Resistance, and now that Resistance is acting like a support on a daily timeframe, today was a Vol. Spurt because of Value Unlocking of NTPC Green Energy IPO News. Keep a Close Watch Ahead.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making any investment decisions.
NTPC Breakout -BUYNTPC is making all time high. Lets see why its a good buy at current level.
1. Structure -
a. Resistance - Three selling rejections from 390 area since 04 june 2024. Before that 380 acted as resistance. Broke out above 400 on 29th July but showed selling. Important thing is it showed buying again next day and is now above 400 again.
So it broke above 400, gave pull back and bought again above 400. Our earlier Resistance 400 is now acting as support.
b. Support - 390, 361.
2. Trend - Up trend in daily as well as weekly time frame.
3. Overall market - Nifty is strong and is in Up trend.
4. Conclusion - NTPC has given breakout above 390 zone, selling from above this level failed to push it lower this time. Current level is good level to buy.
Entry -current price.
Target - 450, 495.
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#NTPC: Trading Near All Time High with Potential BreakoutNTPC is showing strong signs of a potential breakout as it trades near its all-time high. The stock is awaiting a trendline breakout, with growing volume adding confirmation.
Key Metrics:
P/E Ratio: 18.5
Book Value: ₹166
ROCE: 10.4%
ROE: 13.5%
Quarterly Performance:
Recent results show a 2% revenue increase from 47622 to 48521, highlighting robust performance.
Technical Analysis:
The trendline breakout, coupled with rising volume, suggests a strong upward movement could be imminent. Watch for breakout confirmation to capitalize on potential gains.
Conclusion:
With solid financial metrics and positive quarterly performance, NTPC is a stock to watch closely. Conduct your own analysis and consider risk tolerance before investing.
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Ntpc Limited- Breakout Setup, Move is ON...#NTPC trading above Resistance of 375
Next Resistance is at 515
Support is at 291
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ntpc Limited- Long Setup, Move is ON...#NTPC trading above Resistance of 291
Next Resistance is at 375
Support is at 208
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NTPC - GANN&Wave - More upside leftStock is in an uptrend since it made a low of 73.20.
Recently broke resistance at 182.50 and continuing in wave 5.
Although, on higher timeframes it is giving negative divergence on momentum indicators, still a small quantity can be initiated with strict SL.
Also, the basis of Gann Octaves is an Out of orbit case with a minimum target of 184.50.
The analysis is only for educational purposes. Please trade at your own risk
Bullish on-neck pattern breakout A Weekly On-neck breakout pattern is visible on the charts of NSE:NTPC
MACD gave positive breakout on weekly and monthly charts and may give positive breakout on daily chart.
One can look to create a fresh position in the scrip as per levels mentioned in the chart.
This study is for educational purpose only.
cup and handle pattern A cup and handle is a technical chartcup and handle pattern SL - 358
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Opinion: NTPC - 400 MarkNSE:NTPC gains traction over a past few months. Company tends to improve the energy generation process and also exploring clean energy generation. For long term, NTPC holds value and growth potential - Energy demand for future will rise by considering consequent heat wave across India due to global warming effect. Also expansion of Industries, extra luxury celebrations, parties will add benefits to Energy production companies.
* NTPC is a Top Indian Independent energy producer, with 25% of total market share of entire energy sectors.
Trading Setup:
* NTPC - May trade with the range of Rs.300 - Rs 400.
My Reasons- After it crosses Rs.220 Mark, Volume starts to build up. So, current negative sentiment as of 28/Apr/2024 - put fear in overall market but NTPC holds with the range of 300-400. Breaking 300 is also a buying opportunity for every drops. Holding negative position can compensated through its high dividends. But I'm Long on NTPC which would break the upside 400.
Crossover Trade - NTPC📊 Script: NTPC
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
Key highlights: 💡⚡
📈 Script is trading near upper band of BB.
📈 Already crossover MACD.
📈 Double Moving Averages are on urge of crossover.
📈 Right now RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 351
🟢 Target 🎯🏆 - 374
⚠️ Stoploss ☠️🚫 - 343
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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NTPC: Will it break ATH and move aggressively?Recently, NSE:NTPC showing strength and buying pressure is building up constantly. Volume of past weekly data shows huge buildup is taking place near the marked yellow zone.
While considering open interest of the future data , at Rs.450 there are huge call writing have been taken place. But current future vale of ntpc is at Rs.455, maybe we can see huge selling or a very aggressive breakout when every 9577k call writers close their positions.
Anyway, company announced that, they are going to generate more energy in 2024. So, we can assume there is a potential demand for it.