NHPC Multiyear breakout.NHPC has given multiyear breakout and has retest and formed descending triangle on daily timeframe. Trade can be initiated by keeping sl below multiyear breakout level.
NHPC trade ideas
NHPC - BreakoutLate to the party but can expect a small retracement before further move up.
Entry - 35.05
Target 1 - 38.50
Target 2 - 41.80
SL - 32.50
#NHPCNHPC Stock has retested its trendline and moving ahead for its ATH, in coming days TGT of 45-48 may be seen easily on chart keeping trendline supportive.
NHPC - Broke its all time high (Swing Trade)🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.
NHPC: Buy on pullback: Monthly chart saucer formationNSE:NHPC has an interesting formation in the monthly chart, a perfect rounding bottom / saucer formation. It can be flying saucer as well :)
Some features noticed in monthly chart:
A 12 years long Saucer formation breakout. ATH attained.
There is a clear ascending triangle, basically a nice uptrend channel (shows as cyan colored channel in the chart).
Of course we shall not jump into buying. Shall wait for a pullback on the green horizontal support like (around 41) or even better around the dotted cyan line (of the channel) around 37.
Buy around 40 (or more retracement upto 37) with a SL of 33 for a target of 50+ (upto a year holding).
NHPC Bullish - Lifetime BreakoutNHPC looks attractive
Fundamentals : Strong PSU, pays healthy dividend!
Technicals : Life time high breakout with forming big curve
R 1: 52
R 2: 60
R 3: 70
S : 42
NHPC : Lambi Race ka GhodaNHPC : Breakout after 12 Years
Target Double from here
TF : 1 Year
Sl : 35
NHPC has made monthly breakoutNHPC has made breakout in monthly timeframe.
NHPC has formed rounding bottom pattern in monthly timeframe which specifies clear target of Rs.52.
One can enter the trade with clear SL of Rs 42 and keep target of Rs.52.
RSI indicator is also showing stock is in bullish momentum.
Traders are requested to keep their own analysis and risk management in stock.
Thank You
Happy Trading!!!
Multi year breakout NHPC- A multi-year breakout. For the first time it closes above the level. Keep in watchlist.
Diwali Pick 2022!! Long NHPC above monthly closing of 42.5Stock is about to give breakout above 2010 years level
Daily, Weekly & Monthly RSI 60+
Price above Daily, Weekly & Monthly EMA 9,21,50,100,200
If stock able to cross and stay above 42.5 on monthly closing basis, we can see 80-100 as target in next year Diwali
** Education purpose only**
NHPCDISCLAIMER: I'm not a sebi registered research analyst, This is for educational purpose only, Take your financial advisor for buy-sell recommendation.
NSE:NHPC
great breakout on daily timeframe
20-25% upside possible in few days.
Buy Today, Sell Tomorrow: NHPCDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in NHPC
Buy Today, Sell Tomorrow: NHPC
NHPCLooking very bullish on Weekly chart
View for 3-6 months
It may easily cross 47.
SL would be 34.9.
1:5 Risk to Reward ratio.
Do your own research.
This chart is for education purpose only.
NHPC LongNHPC is prepping for a long term multi year break out and there are few important points to note
1. Monthly average volume of delivery is around 50%
2. NHPC arm to develop 10 GW renewable energy parks in Rajasthan
3. NHPC Consolidated June 2022 Net Sales at Rs 2,785.14 crore, up 15.23% Y-o-Y (10th Aug)
4. Chart has formed a round bottom recovery which shows a multi year accumulation and consolidation
Strategy
Start adding slowly at CMP. Add highest amount between 29 to 35.
Hold for target 52-58
26 can be kept as stop loss
Duration 18 months
NHPC BREAKOUTNHPC looks good on weekly chart by breaking horizontal trendline and gives a strong close on above that it is looking good by volume addition in it we can expect a good up ward move in this stock from here, although I am unable to find out the targets because stock is trading almost on it's life time highs.
13 Years Multiyear Breakout at NHPC13 Years #Multiyear #Breakout at #NHPC (NHPC Ltd). Its #Outperformed #Nifty.
BSE: 533098 \ NSE : NHPC
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN ( TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
NHPC Monthly Chart BrackoutNHPC National Hydro Power Corportion a very rearly monthly rounding bootom chart pattern formation, the share now goes to all time high,
if you beat safe, this is best
if you invest goverment compnay like IRCTC, you can consider this share
Highest Monthly closing after 13 yearsHighest Monthly closing after 13 years #nhpclimited . Green line act as a stop loss .
Buy Today, Sell Tomorrow: NHPCDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in NHPC
Buy Today, Sell Tomorrow: NHPC
NHPC - 20% upside potentialNHPC has given cup n handle breakout at 36.4 levels with good volumes.
Upside target is coming to 43.5+
SL: Daily candle close below 36 level.
View: 1-2 months
Nhpc (stocks ideas) target - 39.50, 40.please do your own analysis before buying any stock.
nhpc can be bought some qty on breakout and add on more qty once retest done.
do comments any suggestion.
hope you like it thank you.
