Ntpcanalysis
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: 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.
#StockMarket #Investing #Finance #Trading #StocksToWatch #TechnicalAnalysis #MarketUpdate
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.
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.
NTPC to take long EntryLong NTPC above 319 for the next move of Rs 350-360 with SL of 297. The stock is in strong bullish mode & a high probability that the stock will break out of the strong resistance area. Accumulation near the resistance area is a high probability. sup [port of 50 EMA is another bullish sign along with RSI level above 60 on the weekly & monthly chart. This is for your educational purpose only.
POWERful flag Breakout in NTPCIntroduction: 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 projects and generating electricity. The company is committed to generating reliable power at competitive prices in a sustainable manner by optimizing the use of multiple energy sources with innovative eco-friendly technologies thereby NTPC is contributing to the economic development of the nation and upliftment of the society.
A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:NTPC
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price
MACD gave Positive crossover on Daily chart and Monthly chart and weekly chart, it is expected to move towards the positive territory. So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 245 levels with the stoploss of Rs. 227 on weekly closing basis. The 1st target will be 259.25 , 2nd target will be 277.10, 3rd target will be 295.20 and 4th target will be 309.65.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
NTPC long possible?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 wait to touch the 200 EMA levels for right entry.
This is for your educational purpose only.
NTPC Strong Breakout & Retest SetupNTPC 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 loss order can be placed below the flip zone to limit potential losses.
Targets:
Target 1: Take profit can be set near the next resistance zone as marked on the chart.
Target 2: Once target 1 is achieved, a second profit target can be set near the next resistance zone 2 as marked on the chart.
What is Flip Zone?
A flip zone is a term used to describe a price zone that has flipped from acting as a resistance to acting as a support level or vice versa. It occurs when the price breaks through a key level, then retests it, causing the level to switch from acting as resistance to support or vice versa.
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NTPC Ltd (NTPC) @breakoutlevel 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 Looks BullishNTPC 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 PickNTPC - 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 to weeks. Stop Loss at 145 is somewhat lower considering any surprise fall in overall market. Once crosses and closes above 160 then it may roll up to Target zones at very fast pace . The Potential Risk Reward is favorable at current price and also one can consider buying at lower prices if they wish to without modification of SL
Most of the Secondary Indicators like RSI , MACD are also supporting the bullish view.
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Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
NTPC in Rising flag pattern on 2h TF.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 this in our watchlist. Intraday players ready for big momentum in upcoming days. NTPC is calling you.