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 trade ideas
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.
its not that perfect but currently capable of only this level.plz be humble and tell me if this analysis good enough to take long trade above 105 level?
NTPC is ready for a fall of 6 points || 6% fall expectedPlease follow the chart and let me know if you have any doubts :P
Thanks,
Abhishek Singh
NTPC BULLISH MODE ( ONLY IF IT BREAKS THE GREEN ZONE )NTPC BULLISH MODE ( ONLY IF IT BREAKS THE GREEN ZONE )
NTPC Good Price To AccumulateBuy NTPC At Cmp 102.45
Add More If Price Drops To 96-97
Strict SL - 88 (WCB)
Target - 135
[Positional] NTPC SnR BetNote -
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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Going by the trend line best risk reward -LONG ,Can be bought heavily at 95-96 levels go long go crazy. Please ping if any of my tip helped anyone of you
NTPC on crossroad (Intraday)Strong resistance at 103 if break could even travel towards 105 intraday Or could retrace back to the previous support if the overall market remains weak. If travels upwards and breaks above 105 could also be turned into a swing trade for a target of 112.
Disclaimer:- These are my Personal views, And are For educational purpose only. Follow for more daily updates.
looks bearishNTPC looks completely bearish and it has formed a descending triangle .
one can go short below 102.5 with the target of 97.8
RR=1.5
NTPC FTRFTR is formed in NTPC and Price and touched the Zone expected to bounce back from zone for 1:3 reward
Ntpc form symmetric triangle Watch ntpc chart for future benefit.... It's forming symmetric triangle....
NTPC TRIANGLE PATTERNNTPC is forming a triangle pattern on hourly timeframe. If it gives a breakout it can be a good positional trade. Sl will be the nearest swing low. Enter the trade when price crosses the high of the breakout candle. For best results and to avoid false signals get into the trade using 1H timeframe.
