Yesterday we had taken long term view of PTC for last 10 years around on monthly Chart.Now we will keep update of PTC behaviour on daily chart. Today PTC has respected bullish view by making 107.70 high and closed at 105.35.PTC had given 1.15 Rs gap up openat 105, low was 104. but not touched yesterday's close of 103.85. This trade is taken as bullish buy. It...
PTC views are taken from Rs 44 to Rs 143. During its trade from 44 to 143, PTC had completed H & S pattern from 2011 to 2017. In November 2017 it touched neckline , but failed to break above. It restarted H&S pattern in November 2017 completed left shoulder and head in July18 and May 20.From July 22 it is completing its left shoulder. So this stock is trading...
Stock has given huge BO with massive volume spike on daily chart, good for day trade.
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Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
ENTRY: 83 TARGET 1: 89 TARGET 2: 94 SL: 80 PRO - Cup Shape Pattern - Good Volume. - Retrace over Resistance. - RSI above 50. CONS: - No Higher highs yet. - Stock is in a downtrend.
ptc moving in downtrend parallel channel looking like stock is bottom out at current price , buy when trendline breaks
PTC is about to Break out and Buy Above 84.15 and Target 102. There has been change in the holding patterns in last few days. and it indicates FII have beginned their entry middle of this month onwards. 18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr 19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr So iam anticipating a uptrend...
PTC broke out of a 6-month-old falling trendline. Enter above 103 (DCB) for 112-118. Views are Educational.
#PTC india cash -Positional call 05 April 2022 Looks good above 103.10 stoploss 92 Target 118-120 (Next move once close above 120 for 140-150) Cmp 98.75
RSI 60 support, fib 50 support, price reversal, short term targets 150++
Target : 172/200/ATH SL: 118 (closing basis) Reason : The government announced the framework for the implementation of Market-based Economic Despatch – Phase 1, a new set of reforms that will nudge the power sector away from power purchase agreements towards market-based price formation. The move is a shot in the arm of power exchange platform Indian Energy...
** Posting my opinion - Any difference of opinion is welcome ** Purely based on price action. Since the second one is continuation candle, there is less possibility of retracement to support level
Ptc India Limited Ptc India Limited Ptc India Limited
PTC is looking really good on weekly chart. If it manages to close around these levels then it's a good breakout on weekly chart. Even Volumes are good.
PTC India is a heavy volume traded stock on NSE. Today PTC India closed @ 111.55 (+13.13%) before touching a high @ 115.95. However, along the trend line, a head and shoulder pattern is observed which could indicate a trend reversal. If the trend reverses, this stock price could be seen falling down to the range of 91 - 92. After this, the stock might again make a...