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.
NSE:NTPC
Observations:
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.
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Trade Setup for 30-05-2022
1) Don't Jump in to trade at the...
NTPC is taking support and has closed near the support level.
Stock has been forming inside candle for 3-4 days.
Support:- 131,127,125
Resistance:-134,137.5
The stock will give a breakout in this week
Keep a watch on NTPC.
NSE:NTPC
Due to monthly expiry, it couldn't give proper move.
Again selecting this for tomorrow. most of levels remains same as per previous one.
Trade Setup for 28-01-2022
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...
NSE:NTPC
Trade Setup for 27-01-2022
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...
NSE:NTPC
Trade Setup for 21-01-2022
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...
NSE:NTPC
Observations:
1) On 1 week time frame, we can see that it is near the breakout range again.
This time, if it gives breakout of it then we can see a big up move again. 136 is immediate resistance. Major breakout range is at 140 level.
Please refer below chart : 1 week Time Frame.
2) On 1 hr time frame, it made rounding bottom pattern. If it...
![NTPC: Intraday Levels | NTPC | 30-05-2022 [INTRADAY]](https://s3.tradingview.com/w/WWAIGAtc_mid.png "Intraday Levels | NTPC | 30-05-2022 [INTRADAY]")
![NTPC: Simple Trade Setup | NTPC | 28-01-2022 [INTRADAY]](https://s3.tradingview.com/1/15sW4McC_mid.png "Simple Trade Setup | NTPC | 28-01-2022 [INTRADAY]")
![NTPC: Simple Trade Setup | NTPC | 27-01-2022 [INTRADAY]](https://s3.tradingview.com/t/tWQZ1tPM_mid.png "Simple Trade Setup | NTPC | 27-01-2022 [INTRADAY]")
![NTPC: Simple Trade Setup | NTPC | 21-01-2022 [INTRADAY]](https://s3.tradingview.com/w/WJCyAkfP_mid.png "Simple Trade Setup | NTPC | 21-01-2022 [INTRADAY]")
![NTPC: Simple Trade Setup | NTPC | 17-01-2022 [INTRADAY]](https://s3.tradingview.com/c/cZ6t1tAY_mid.png "Simple Trade Setup | NTPC | 17-01-2022 [INTRADAY]")