NTPCGREEN
"Conserve energy for a better tomorrow,"NTPC Green Energy Ltd - CMP - 109
About
Incorporated in April 2022, NTPC Green Energy is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.
Key Points
Business Profile NTPC Green Energy Limited (NGEL) is a renewable energy subsidiary of NTPC Limited, a central public sector enterprise. As of September 30, 2024, NGEL is the largest renewable energy public sector enterprise in India (excluding hydro). Their business model centers on development, construction, and operation of renewable energy projects (solar and wind), supported by long-term Power Purchase Agreements (PPAs).
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
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Breakout Alert on Ntpc Green LTD🔹 Counter Trendline Breakout (CT BO)
Price action has broken a well-respected counter trendline, indicating a potential shift in momentum from bearish to bullish. This breakout isn’t just symbolic — it's backed by conviction.
🔹 Volume-Based Confirmation
Today's bullish candle comes with significantly high volume, suggesting institutional activity and strong buyer interest. Volume is one of the most critical confirmation tools in breakout trading — and it's speaking loud and clear here.
🔹 Low → Higher Low → Breakout
A major Low was established earlier.
Price then formed a Higher Low Zone, indicating accumulation and a potential trend reversal.
The breakout candle confirms the Higher High – Higher Low (HH-HL) market structure — a classic signal of trend reversal and early uptrend formation.
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📍 Mark the breakout zone.
📈 Let price action guide your decision.