NTPC LongI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Ntpcanalysis
NTPC can go above 198.70 ??Answer is big yes !! NTPC s a power sector company with huge profits we can enter into this at this time if it sustains above it's level . Fundamentally it is very strong because it is just moving around its B.V and providing huge profits and dividend. If it goes up we can accumulate it in as percentage for higher returns .So, we can enter into this but if it falls from now at every break down we can accumulate and make it as average . We will see it above 198.70 in few months... Thank you guys ..
Simple Trade Setup |NTPC | 18-10-2021 [INTRADAY & POSITIONAL]NSE:NTPC
Observations:
1) On 1 day time frame, we can see that as per FIB retracement immediate resistance is at 149.50.
Please refer below chart : 1day Time Frame.
But level range of 150-150.30 will work as resistance.
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One can initiate safe long trade only on sustainable breakout of this range.
For long positional trade for short to mid term targets will be 154, 158 and 162
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Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | NTPC | 11-10-2021 [INTRADAY]NSE:NTPC
Observations:
1) On 1 day time frame,today it took support near from 10DMA and closed at 141.10.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see that now it is trading in falling channel pattern.
Please refer below chart : 15 min Time Frame.
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Trade Setup for Date 11-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | NTPC | 24-09-2021 NSE:NTPC
Observations:
1) On Weekly time frame, It has broken the range of 118-122 in last week and in this week it has maintained to stay above 122 level.
Any dip above 118 can be good buying opportunity if one wants to take long position in equity. SL will be 115. Target will be 130-135 for short - mid term.
Please refer below chart : Weekly time frame.
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Trade Setup for Date 24-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | NTPC | 15-09-2021NSE:NTPC
Observations:
1)On 1 hr time Frame: It has been trading in the parallel channel. Sustainable breakout from this channel will give upmove atleast till 117.50 easily.
Please refer below chart : 1 hr time frame.
2)On Daily Time frame: It has crossed above 21DMA and previously it has reversed from 100DMA. 21 DMA is placed at 115.44 level. If it able to hold above 21DMA(115.44 levels tomorrow) then we can see an upmove till 117.50 easily.
Please refer below chart : Daily time frame.
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Trade Setup for Date 15-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
Simple Trade Setup | NTPC | 14-09-2021NSE:NTPC
Observations:
1) On Daily Time Frame, we can see that it faced resistance from 21 DMA. Which is placed at 115.60.
Please refer below chart : Daily time frame.
2)On 1hr Time Frame: It has been trading with taking support from parallel channel.
Please refer below chart : 1hr time frame.
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Trade Setup for Date 14-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
Same setup like CAMSThis is 1 Hr timeframe.
I have got the same setup like in CAMS that I got on 21st May.
I have posted it. Check it out.
CAMS have moved 25% since then.
Let's see how this one goes.
Completely doing pure techincal analysis without bothering mentally by any news and all other factors.
Those things too reflects candle's movement and stock momentum.
Those candle's also indirectly add meaning and relate other factors.
This post is for information purpose only.
#84 SURE SHOT NO DOUBT#84 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
long till close below lineNSE:NTPC Be on long position till closing is below 116 with a target of 124
stop-loss (intraday ) 116.35
stop-loss ( closing basis )114.75
( Avoid taking new position, already having a position tail stop losses to have meaning full liquidity in pocket )
indicator and rating
RSI (98.02)
Buy rating- 0.5
Neutral Rating- 1
sell rating -3.5
MA/ EMA cross over
( positive Trajectory ) Bullish
MACD (2.79 still bull run remain)
Buy rating 2
Neutral Rating 2
sell rating 1