NTPC trade ideas
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
NTPC May FallIf the Price Crosses and closes ,and open below the Support line then we can expect the price to reach 96
Head And Shoulders - NTPCLong time Investor friends,
Head and shoulder patterns formed in the Daily Time frame. Now retesting in progress. If it breaks and closes below the neckline My target will be Rs 55 to Rs 56 (Target timing: 3 Months period). If it happens credit goes to My Technical Mentor. Long-term investors, Please wait and watch.
Thanks and Regards,
IndianOx
NTPC - My first technical publishing Long time Investor friends,
Head and shoulder patterns formed in the Daily Time frame. Now retesting in progress. If it breaks and closes below the neckline My target will be Rs 55 to Rs 56 (Target timing: 3 Months period). If it happens credit goes to My Technical Mentor. Long-term investors, Please wait and watch.
Thanks and Regards,
IndianOx
NTPC - Cup & Handle - Target Rs.130 on BreakoutIf NTPC breaks out of the cup and handle pattern (after it crosses 116 with above average volumes, we can set an immediate target price of approximately Rs.130.
Time period: ~2 Months
Sell signal generated for NTPC 1. Stock price below 21 sma
2. Sell Volume is increasing
3. sell Signal generates in supertrend indicator
Sell cmp 113 for 2-3 point
NTPC: LARGEST ENERGY CONGLOMERATE OF INDNTPC IS LOOKING TECHNICALLY BULLISH.
Reason:
1) IT HAS FORMED CHANNEL PATTERN.
2) MACD ABOVE SIGNAL AND CENTER.
3) STOCK WITH LOW PE.
4) NEAR 52 W HIGH WITH SIGNIFICANT VOLUMES.
4) CLOSING & SUSTAINING ABOVE 115 CAN LEAD TO A POTENTIAL BREAKOUT.
Breakout !!!There is a breakout after moving in a zone.
Can be bought at current levels for a target of 121.
After reaching 121 the stock may come in a zone again, as was there in the past.
Note: Educational purpose
NTPC - BULLISH BREAKOUT STock has come out of trendline and gave strong closing on 112.70.
above 114.5 it should fly like rocket .
NTPCNTPC Inv. H&S formation....
Wair for breakout, after b/o trend would be clear and can give good R:R...
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NTPC BUY FOR MIDIUM TERMBuy on Dip till 102
Major Resistance: 120
Trade with Stoploss!
For Information & Education purpose only!
Regards
Trade Leader
NTPC is Trying to make Cup with handle patternNTPC is trying to make cup with handle pattern.
Breakout will be confirmed once it crosses 114 or close above 114 with volumes.
Moving average is also giving the indication.
Missed the signal to buy between 106 to 108.
it can be added between 106 to 124.
NTPC- STRONG BREAKOUTBREAKOUT OF AN IMPORTANT RESISTANCE LEVEL WITH GOOD VOLUMES. CAN BUY FROM MEDIUM-TERM PERSPECTIVE. RSI BULLISH. MAINTAIN A STRICT STOPLOSS. THE REWARD TO RISK RATIO LOOKS OKAY.
ntpc rocketevery thing is on the chart
after commodity boom much awaited energy sector boom is arriving and will be here to stay .
in 2024 you ll look at current prices as if u are standing on top top of Burj khalifa and looking at the ground
don't miss it
NTPC | Falling Channel | LongNTPC is about to give a BO from a falling channel. One can go long above 105.6 and expect to see 107.75 in the short term and evn 111.5 levels to be tested again.
