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 (Weekly):
1. On Trendline Support
2. Forming a Symmetrical Triangle
3. Can go Long only after Breakout
4. Closing above 5, 13 Exponential Weekly Moving Average
NTPC (Daily):
1. Consolidating within Symmetrical Triangle
Addl Points:
1. FII/FPI have increased holdings from 13.48% to 14.54% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from...
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 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...
I 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...
GOOD time to invest in NTPC , camparing to the other energy sector like tata powers and adani , PE ratio is very low for NTPC . they invest in renevable energy sector , when news is come , stock price will go up , buy it without noise, trend line also help to go up
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...
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...
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...
NSE: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...
NSE: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...
Inverse head and shoulder pattern formed in weekly as well as daily chart which can fetch you around 15-20% return within a time frame of 2-3 month.
BUY between 116-119 for a target of 123-132-140
STOP LOSS- 114
FAVOURABLE RISK REWARD RATIO of 5
![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 | 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]")
![NTPC: Simple Trade Setup |NTPC | 18-10-2021 [INTRADAY & POSITIONAL]](https://s3.tradingview.com/8/8ajTy2oq_mid.png "Simple Trade Setup |NTPC | 18-10-2021 [INTRADAY & POSITIONAL]")
![NTPC: Simple Trade Setup | NTPC | 11-10-2021 [INTRADAY]](https://s3.tradingview.com/o/OLDwkFOZ_mid.png "Simple Trade Setup | NTPC | 11-10-2021 [INTRADAY]")
