falling wedge pattern is seen NTPC.
Long opportunity is possible
initiate long positions if NTPC gives breakout above 168 and upto 180-190 levels in coming days!
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...
A "W" in making. Would be validated if stock closes above 145. Full support from Volume and RSI.
Trade Setup for Monday.
Entry: Above 145
Pattern Target: 152
SL: 142 DCB
What can be traded?:
1. Can go in Cash or April FUT or 145 CE
2. Or Short 140 PE
Please consult your financial adviser before investing. If you find worth it, do Like, Share and Comment! :-)
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
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...
NSE:NTPC
Observations:
1) On 1day time frame we can see that today it closed above the high of 4th Jan candle but failed to close above previous day's high.
If it sustain above 134 then we can see up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for 13-01-2022
1) Don't Jump in to trade at the...
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...
![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 | 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 | 13-01-2022 [INTRADAY]](https://s3.tradingview.com/t/t1hkllLr_mid.png "Simple Trade Setup | NTPC | 13-01-2022 [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]")
