NTPC looks strong above 160.6Neckline break possible and upmove from 161 to 166, 171 and 180 levels in 10 days may be seen.
NTPC trade ideas
Buy at 157Hammer formed at support level, RSI oversold and good fundamental stock.
Buy at 157,
Stop 153
Target 166
BUY ABOVE 175 NTPC diving a decent breakout from its retracement zone. volumes also above it's 50 DMA. Movementum indicator also showing good strength. Buy above 175 with a stoploss of 171 short term target is 185.
NTPC short term viewNTPC after touching a low of 160.15 is reversing and moving to 23.6% retracement level. If it manages to close above 166.5 then we can expect it to reach 170 in short term.
NTPC Sell Off can seen on 175.20/-NTPC currently ranged downwards share ... for intraday trade my plan is sell 175.20/- price .. as it is vibrating in this price regularly
holding NTPC for 181 , 188 , 197+ i see potential in stock to go higher , good opportunity at 174 great support .!!
Looking for some upside if the support level holds.Looking for some upside if the support level holds.
NTPC- strong support near 173-171 NTPC- strong support near 173-171 which is crucial trend decider if hold this then Stock can move toward new intermediate high
NTPC double support2 Trendlines supporting NTPC at 176.
Yesterday's plan for today - No entry as of now..
NTPC Positional Analysis 28-Oct-2017CMP 181.95
Sup: 153/107
Res: 189
As long as 153 supports, we will see 187 again and further , 241-251, , 319, .
Buy on dips is my strategy.
Best buy level: 168-160 or buy above 189 for the above targets.
NTPCCup and handle breakout, initial tgt = handle size, subsequent tgt = cup size.
Keep appropriate stop loss.
#NTPC - Ascending TriangleNTPC has formed ascending triangle pattern on weekly chart. Close above 178-179 will fuel further rally.
