Weekly trendlineNHPC has breakout the weekly trendline and enter a consolidation in the 15minutes time frame. Once breaks the consolidation, target can be reached.
NHPC trade ideas
NHPC It has been forming a perfect channel from last year Oct and now trading by forming a support line by breaking the resistance..If it breaks the channel it may give a good up move.
NHPC at a crucial level
Trading close to a strong resistance
Make sense to buy when stock closes above 27.5 with heavy volumes
Not a recommendation
NHPC - Price and Trend SetupNHPC raising to narrow channel along with support of daily trendline. Breakout can happen as price squeeze more into narrow zone.
Nhpc my view1. Broke multi year resistance traiangle and retested at 25.65
2. Now consolidating in a small ascending triangle and wait for a breakout confirmation.
3. 50, 100, 200 moving averages are below the price in daily time frame.
ELECTRIC VEHICLE'S energy providerNHPC’s electric fleet the biggest among Central Public Sector Enterprises.
NHPC Ltd on Friday signed e-mobility agreements with Convergence Energy Services Ltd (CESL) for the leasing of 25 electric vehicles (EVs) and supply of three EV fast-chargers.
Look strong for both short term and long term(good dividend distributor ).
Target would 29-32 in short term and if things go in their planned way, it could gain exponentially.
MULTI-YEAR BREAKOUT- NHPC LTDHI ALL
There is a multi year breakout on
NHPC LTD on Monthly timeframe.
NHPC involves in business of electrical equipment's.
Levels of Breakout:
29.40 & 29.50
Targets: 35
NHPC Ltd LongNHPC Ltd Long
Wait for weekly close above 27.0
Buy above 27.0
SL- 24.45
Target- 31.5, 34.4
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
PARALLEL CHANNEL BREAKOUTENTER AT BREAKOUT ON HEAVY VOLUME ON DAILY TIMEFRAME WE WANT FUNDAMENTAL CATALYST TO APPROVE OUR ANALYSIS BEFORE PLACING IN A TRADE
WE WANT A POWER MOVE BULLISHLY ON OUR RESISTANCE AREA RTHEN A MOVE PEIRCING THROUGH UPPER CHANNEL ON DAILY TIMEFRAME
NHPCAfter declining since a week, NHPC has taken good support of trade line and likely to reverse trend and likely to reach up to upper tread line with target if Rs. 29.80. RSI on daily also indicating trend reversal.
DAILY SWING CALL // Friday 19th of February 2021 / NHPCDAILY SWING CALL // Friday 19th of February 2021 / NSE:NHPC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 25.7
TARGET: 29.55+ (15% Around)
STOP LOSS: 23.1 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
