NTPC 1H LONGLooking good for long positions however if market is under selling pressure you can take short position. Please go with market direction.
NTPC trade ideas
NTPC Strong Breakout & Retest SetupNTPC has given a strong breakout above a resistance zone that was tested multiple times and is now approaching a retest of this zone, which is expected to act as a support zone. Based on this setup, a swing trade opportunity may be considered.
Entry: A long position can be initiated after the close of a strong bullish candle near the flip zone.
Stop Loss: A stop loss order can be placed below the flip zone to limit potential losses.
Targets:
Target 1: Take profit can be set near the next resistance zone as marked on the chart.
Target 2: Once target 1 is achieved, a second profit target can be set near the next resistance zone 2 as marked on the chart.
What is Flip Zone?
A flip zone is a term used to describe a price zone that has flipped from acting as a resistance to acting as a support level or vice versa. It occurs when the price breaks through a key level, then retests it, causing the level to switch from acting as resistance to support or vice versa.
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NTPC SHORTFocus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or over analyse
5. Treat this as your Business and get serious about it
NTPC : CUP & HANDLE PATTERNNTPC - Divestments on cards some movement might come soon. Power Segment already seeing some momentum
NTPC - Multiyear BreakoutNTPC has given a multi year breakout, expected to reach 191 followed by 200.
Buy NTPC with target of 200
#Nifty - NTPC Cup and Handle PatternNTPC is after a consolidation pattern with cup and handle has broken out . Likely to hold breakout and move up further
Symmetric TriangleThe scrip displays a symmetric triangle with chances of a good up move, The entries and exits have been provided, looks good from a long term standpoint.
Candles have been forming a inside candle pattern with no direction in the last few days.
NTPCAfter analyzing NPTC's stock, there are indications that a potential breakout may occur in the near future
However, it's important to note that stock market investments come with inherent risks, and predicting breakouts or price movements accurately is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
NTPC- short after testing the resistance multiple times , price has formed three red candles.
MACD,RSI are bearish
most power stocks are technically weak for short term
Swing trade.... 1DBreakout of resistance area. Go long on this stock. Which may break 52 week high too....
Note :- Education purpose only, not an advice to buy.
Thank you.
My view on NTPCNTPC
above 179.75
Tgt 181.50-182.00-185.00++
in very short term
Keeping on radar NTPC 180 CE
NTPC BRAKEOUTTTTTTTBUY above high of brakeout candle at 177.6 with sl of 174.45 minimum 1:2 take profit
NTPC Short Swing TradeNTPC looking upward directional for swing trade.
Buy at 169.50,
Target 1 : 173.90
Target 2 : 177.50
#NTPC #Swing
NTPC Technically WeakMarkets are little bearish looks good for short
Already broken the recent support level and volume are strong
NTPC - ShortNTPC Stock Analysis report.
Stock has trendline break out
Sort at 177 with SL of 178 Target 170
Over all stock is in uptrend and this is just retracement
NSE NTPC stay strong in any market weakness, TP 190 with calls
As nifty is expected to go below 17300 on March 13 Market opening - NTPC could be a winner
Close to life highs, very strong buying / switching from high beta stocks
IV is very low (14%) and the call sellers could panic when the stock goes above 183 (life high) - this has been tested once already
Keep stop at 172 - which is the logical resistance and expect to see 190 within the month. Buying calls (very cheap) is the right way to trade this
NTPC Hourly NTPC on hourly chart is indicating a typical text book Bullish Flag & Pole pattern formation. It was previously under range consolidation and then post breakout gave a good momentum upside.
It then retraced back and took support at exactly 50% retracement level of recent upmove. On hourly chart as per closing basis it is showing a visible breakout in Bullish Flag & Pole pattern.
Keep this setup in radar for coming sessions to potentially get a good momentum.
15 min chart for small time frame reference
This isn't a buy or sell recommendation but just an educational purpose post
