NTPC trade ideas
Short Term Pick: NTPCNTPC Breakout done on the Upside. It should fall to complete Harmonic Move. Buy 145_140.5 if gives indecision or Rejection Or reversal Candlestick Pattern. Hold the Position as it has given Weekly Breakout. Target 178/209+
NTPC Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
NTPCStructure repeating here..... soon we can expect good down move..... possible directions are given in the chart......
NTPC - Ready For Break Out.Ready For Break Out.
Bounced From Support Zone.
Above 21 EMA.
Buy Above Only.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
NTPC - Trend line break!135 - 138 is the important zone to decide the trend. Sustaining 138 will push the price towards 141, 144 and 147.
[Intraday] NTPC Weekend lvl 6 + Inside Bar + Double DojiWeekend lvl 6 + Inside Bar + Double Doji
Has been continuously falling from past 6 days and today made an inside bar with a doji. We also got to see a doji yesterday.
Long above 139.40, SL PDL
If gap up or down, follow 5m ORB.
Resistance ZoneShort call on 24-Dec-2018
Entry 146.40
Targets 143.73, 140, 135
SL 150.38
Trade with Trailing stop loss
