NTPC - DowntrendPlease watch Closely for Downtrend breakout, if the Trendline breaks stock will go up
For Educational Purpose
NTPC trade ideas
NTPC This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy Range : 116-118
TG : 123,127,130
CBSL : 110
NTPCPrice has a given a strong response from the Demand Zone but considering the markets volatility wait for the weekly candle close and then look at the price reaction everything is mentioned on the charts for a better explanation, take an entry only after more than one reversal confirmation. " EDUCATIONAL PURPOSE "..
NTPC ON CRITICAL SUPPORTNTPC has reached its first suupport area, it may further go down to test the second support area and may reverse from the second support zone.
Triangle formation As one can see there is a triangle patterns formations one can either go bullish or bearish according to the markets , if nifty opens gap up then target could be 133 and if it opens flat ,or gap down the target
Could be 122 that is exactly around 200EMA. This is for educational purposes only ,Do your own research before investing.
NTPC TrendlineLookout the NTPC Chart for Long term as well as Short term trend line.
Both lines are near here.
Plan your tread accordingly.
NTPC Important levels for long term investmentNTPC Important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
swing trade setupLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis.
NTPC creating falling wadge patternNTPC is looking really great on charts for long position.
Creating falling wadge on 1H time frame.
Buy at current price around 126 and SL at 119 for target of 140 to 160.
My view in ntpc long term investment NTPC near bay long trad line support
Buy above 128
Target 135,145+
Stop loss 120
NTPC LongI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
short NTPCA breakdownn and reversal happened on 1 hour time frame .
short price - 125
target - 119
duration -1-2 weeks
yet another grablook for any engulfing pattern in weekly tf and only then opt for entries . for long term
NTPC 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
A LONG OPPORTUNITY IN NTPCntpc is around a perfect demand zone, one can buy for a short term target of 140 though it has formed equal candle wicks meaning there are still sellers present at this rate, so safe traders can wait till inside candle breakout.
NTPCWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
NTPC - For BuyAt Resistance turned support area
Close below 120 will make it bearish
Buying at lower levels near support area suggested
Strong retracement possible
SIP upto 120 SL 109 TGT 140 and 150Suggestions are based on my analysis only. Please do your analysis before taking any trade.
NTPC long we can go long in NTPC due to following reasons --
Came out of pattern in weekly and daily timeframe .
retest done at both weekly and daily timeframe .
In daiy timeframe about to give breakout of a trendline .
we can go long at that point
Also at daily timeframe took a support at 100EMA .
All the ideas are just for learning purpose. I'm not any call provider or a sebi registred person .
NTPC TREND REVERSAL TO BULLISHNTPC found TREND REVERSAL on yearly chart daily time frame. green candle seen at 50 SMA Support after correction last few days whereas 20 SMA , 200 DMA at support level and also rising pattern .
Histogram also seen bullish trend reversal form.
BUY NTPC @ 138.10 ( above of previous day green candle high )
TARGET 142-145-150
stop loss 130 ( bellow previous support green candle low )
This analysis purely basis on technical indicators please take call after own study at own risk .!!
WISH U Happy Trading !!
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