NTPC: RSI Breakout RSI Resistance breakout after long time.
Power sector boom.
It looks good above 115 and Target of 124,140+
Please consult your financial adviser before investing.
NTPC trade ideas
NTPC bullish channel Possible breakout
Bullish channel
sectorial analysis
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
NTPC - CUP & HANDLE STRUCTURENTPC has formed a cup and handle structure.
Breakout of the handle has given a confirmation.
[Diary] NTPC Bullish Flag PatternNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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NTPCAll details are in chart,if it crosses 112 and survive above it then breakout can seen on upcoming weekend.
Please note this not for trade or something this is for knowledge purpose.
Its forming a Cup and Handle Pattern... Target 125NTPC forming a cup and handle pattern, target 125, Time 1 month.
NTPC 1D TF Multiple touches on ascending trendline.
Seems like cup and handle, Been in a range for the past few trading sessions.
A good volume breakout could trigger a climb beyond 122.
Buy NTPC at 113.15, T - 116.70, SL - 111.25Swing Buy NTPC @113.15, T - 116.70, SL - 111.25
Higher High Higher Low pattern & trend-line breakout
Best pick of Stock for May 2021 In this Video i tried to explain why we pick NTPC for short term trade.
Now Ntpc trading @ 112.85
Four Trend Lines i Draw in my Analysis if
Line 2 from Bottom acts as support the stock will surely reach 121.5 ( Expecting in a Month )
Notice - If Line 2 from bottom break in the coming days and fall below 110 don't enter in the stock because it may be Risky
Expected Return in 1 month is 8.5 - 9% .
* Notice I am Not a Financial Advisor but i try to become an Advisor *
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NTPC LTD.NTPC LTD.
CMP - 112.85
BULLISH MACD CROSSOVER.
RSI IS ABOVE 66.
TARGET PRICE - 117,
IF SUSTAINS ABOVE THAT, WE MAY SEE 130/140.
S.L. 108.
NTPC BREAKOUTNSE:NTPC has formed a flag and pole pattern on 1H time frame.
Wait for the breakout.
I have given Target levels for both sides.
Consider your Risk/Reward before taking trade.
NTPC UNDER SELLING NTPC TRADING ON RANGEBOUND MARKET TRADING ON MI-1 WAVE , PRICE EXPECT DOWN TOWARDS 107.70
NTPC 5:1 risk to reward1. Inverse Head And Shoulder on Daily Chart
2. Bat Harmonic Pattern (Magnetic Action) completion. (Potential Target ~130)
3. Price also in a bullish channel.
4. Upcoming earnings event
5. About to break a 200 EMA on a weekly chart. NSE:NTPC
