NTPC BULLISH Given a weekly breakout. With all bullish signals. Buy - 100, sl 94, targets - 124 nd 139
NTPC trade ideas
NTPC Long - Anticipating MACD + UptrendAnother long trade based purely on the trend and the anticipation of a MACD cross. I do not use stop losses but you can set one for yourself based on the information on the chart. Most of the long trades are likely to be correlated to the broader markets, so any change in the index is likely to influence the price action. We seem to be in an extended bull market, but it can only go on for so long. Regardless, my previous trades on similar technical analysis seem to work out, so here is another one. I am not an expert or a financial analyst of any kind, so do your own due diligence.
BE CAREFULL ON NTPCNTPC HAS FORMED HEAD AND SHOULDERS PATTERN!!
BE VERY CAREFULL AS THE PATTERN IS ON DAILY CHART ITS MORE POWERFULL !
DO NOT TAKE ANY POSITION WITHIN 96 AND 101
U CAN SHORT BELOW 96 IF IT BREAKS WITH GOOD VOLUME OR U CAN WAIT FOR RETEST AND SHORT IT!
AND U CAN GO LONG ABOVE 101 OR 102 WITH GOOD VOLUME AS IT CAN ALSO FORM FAILURE HEAD AND SHOULDERS PATTERN!
BE CAREFULL WHILE TAKING A POSITION
ILL AVOID TAKING POSITION TILL MY LEVELS REACH ;-)
NTPC - Descending channel formation at monthly time frame NTPC - Descending channel formation at monthly time frame
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
NTPC - Long_04_01_2021NTPC
BUY ABOVE 110
STOPLOSS 95
TARGET 150
#technicalAnlaysisbyRK #technicalanalyst #technicalanalysis #nifty50 #investing #investmentadvisor #shortterminvestment #intraday #investmentguru #billionaire #millionaire #longterminvestment #Investments
Bearish Head and Shoulder + Double TopNTPC has formed a prominent H&S Pattern on the daily chart and a bearish double top pattern on the weekly chart.
The run seems bearish for mid term. If the neckline breaks, One can see a fall in couple days.
Levels are marked on the charts !
Educational purpose only. Trade at your own risk.
good volume buildup BTSTNTPC have high buyers at EOD
#Note : Am doing paper trade, trade on your own analysis
Cup Handle NTPCNTPC showing Inverted Cup and handle pattern along with head and shoulders if the neckline is broken can do down really well. But be ware the trendline on weekly timeframe has also broken if sustains up can go up sharply but till then short.
NTPC is waiting for Weekly breakoutNSE:NTPC Levels already mentioned..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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Buy NTPCTrade Setup:
NSE:NTPC
Buy Price: As mentioned in Chart
SL: As mentioned in Chart
Target: As mentioned in Chart
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 2-3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
Disclaimer: This is for demonstration and educational purpose only.
Ntpc indian psuLOOKING GOOD, WOULD BE TOO SOON TO FORM AN OPINION, BUT FOR WHAT IT'S WORTH, IT'S BEEN IN ACCUMULATION FOR ALMOST 10 YEARS. IT NEEDS TO BREAK THE UPPER PURPLE LINE ASAP FOR IDEA TO BE VALID. INVALIDATED IF IT FALLS BELOW THE LOWER PURPLE LINE.
PUMP IT. MIGHT TAKE A COUPLE YEARS BUT 200% GROWTH LOOKS EASY.
Testing at Resistance Immediate/Major Resistance – 108
Short Term Support - 98
Long Term Support – 40
Chart Trend - Positive
Chart Pattern -
Recommendation - Buy
NTPC: History repeating itself?Will it be a case where NTPC breaks down completely from the trendline after reversing from the same point as before?
Keep on radar.
Please like and follow.
NSE:NTPC
NTPC - Trendline BONTPC on the verge of breaking weekly trendline , Previous volume might give a upthrust. Targets on chart...
