price is keep on moving up for long time now and cup and handle pattern in recent price last few days and price moved up the neck line indicating Bullish trend and up move in this month is visible in NTPC
cup and handle pattern SL - 358 A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
NSE:NTPC gains traction over a past few months. Company tends to improve the energy generation process and also exploring clean energy generation. For long term, NTPC holds value and growth potential - Energy demand for future will rise by considering consequent heat wave across India due to global warming effect. Also expansion of Industries, extra luxury...
@NTPC LTD Price Breakout after long Time Consoliate(all time high-2008) with supporting Volume on Weekly Basis Technical Super trend-positive RS-Positive RSI-above(50) Fundamental Analysis Revenue- Qtryl Basis Good Margin%-GP & EBITDA(25% to 30% near about)-Very positive D/E-1.5 time(very Negative to me) Total Debt to Assets(%)- 48% Interest Coverage Ratio-3 time...
📊 Script: NTPC 📊 Sector: Power Generation & Distribution 📊 Industry: Power Generation And Supply Key highlights: 💡⚡ 📈 Script is trading near upper band of BB. 📈 Already crossover MACD. 📈 Double Moving Averages are on urge of crossover. 📈 Right now RSI is around 64. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 351 🟢 Target 🎯🏆 - 374 ⚠️ Stoploss ☠️🚫 - 343 ⚠️...
A Weekly On-neck breakout pattern is visible on the charts of NSE:NTPC MACD gave positive breakout on weekly and monthly charts and may give positive breakout on daily chart. One can look to create a fresh position in the scrip as per levels mentioned in the chart. This study is for educational purpose only.
Recently, NSE:NTPC showing strength and buying pressure is building up constantly. Volume of past weekly data shows huge buildup is taking place near the marked yellow zone. While considering open interest of the future data , at Rs.450 there are huge call writing have been taken place. But current future vale of ntpc is at Rs.455, maybe we can see huge...
can add on break above 245 , sl nearest support multi year range break and decent valuations can be re rating candidate
The trend is already gone. But posting for the example of my pattern breakout result. Still i can see the potential top target. But only when it retraces/retest on the trendline.
As per the daily chart, there is breakout in the stock keeping in view of MACD crossover, RSI is bullish standing at 64, so in the morning, 340 CE available at Rs 7 can be doubled if price action camr in the stock, stock is going to make new high in the coming days.
NTPC daily long breakout possiblity above curve line
There is no guarantee in stock market and Nothing over week STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS} NTPC LIMITED Target: RS 355 CMP: RS 330.9 ENTRY RANGE: 324-338 STOP LOSS: RS 315 Disclaimer: I am not Sebi Registered.
- Previous high of the stock was made in 2008 which has been crossed in 2023, monthly chart shows good picture of the stock, this chart is to hold stock at least 2 to 3 years time frame, this stock can give good returns in coming weeks, so All PSUs and PSBs are also breaking thier previous highs, some of are good choices to hold for next 3 years, the stocks are...
NTPC was consolidating for sometime and has given BO on 2 Feb 2024
By Breaking Multiyear resistance and Sustaining above the ATH, Stock confirms the Longterm Bullish contender. Buy on any decent crassh or Fall, because the stock has made Stronger Structure, which wont faily eassily.
NTPC Break the Major Hurdle Retest it & now showing continuation for UpMove we can see such good upmove in short term as well as Long Term KEEP ON RADAR