NTPC Breakout SOONon weekly chart, it has been taking support at 20W MA.
better risk reward on weekly and monthly.
price moving in a rising channel on weekly chart.
consolidated nicely between 110-120 for the last 2 months on monthly chart
lower trendline support placed near to current price.
above 120-125, it can swiftly move to 145 with in a month.
RSI indicating bullish strength on weekly.