Introduction: NTPC is India’s largest power utility with an installed capacity of 73,824 MW (including JVs), plans to become a 130 GW company by 2032. Established in 1975, NTPC aims to be the world’s largest and best power major.
NTPC has comprehensive Rehabilitation & Resettlement and CSR policies well integrated with its core business of setting up power...
NTPC stock is in a long uptrend & a high probability that the stock will continue the uptrend and going to hit all-time new highs.
1) Long after the BO of conflux area above 240 with a green candle.
2) Previous stock move from the 50 EMA .
3) If RSI also crosses above 60, that's a very high chance of the stock going long .
In case stock rejects the area then...
NTPC has given a strong breakout above a resistance zone that was tested multiple times and is now approaching a retest of this zone, which is expected to act as a support zone. Based on this setup, a swing trade opportunity may be considered.
Entry: A long position can be initiated after the close of a strong bullish candle near the flip zone.
Stop Loss: A stop...
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NTPC Ltd (NTPC) @breakoutlevel
NTPC Ltd (NTPC) strong breakout with high volume and momentum created in day chart. delivery 63% so strong upside. BUY above 159.08 . NEXT TARGET 160.9 ,161.6,165.7,171.25 Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you
NTPC On the Daily and Hourly Charts looks Bullish, We are entering into Buy into Cash Segment at Current Price 155 With Stoploss below 150 For the Targets of 165.
Reasons For Buy:
# Trendline Breakout
# Retest Breakout Levels.
# Continuing Uptrend.
# Quarterly Results in Line with Expectations.
NTPC - Short Term Pick NSE:NTPC
Stock is showing high signs of long term reversal technically (on weekly & Monthly charts) as well as fundamentally and with ongoing uptrend in market it is ready to catch up with the trend soon.
Broken the trendline resistance as we can see on charts and heading for weekly & monthly resistance around 180-190 range in few days...
My Friends, As we can see that what is happening in NTPC. After a big fall NTPC is Continuously Trading in Rising flag pattern.we know that this type of patterns indicates towards bearish Momentum. Our view is totally brearish side on this. We can short this when price Cross below 153 & show bearish rejection with the accurate target 🎯of 150, 148.We can also add...
1) On 1day Time frame, we can see it is between resistance and support trendline and making triangle pattern.
Please refer below chart : 1day time frame.
Same chart on 15min TF.
Please refer below chart : 15min time frame.
Trade Setup for 30-05-2022
1) Don't Jump in to trade at the...