Get started
PTC INDIA LTD.PTC INDIA LTD.PTC INDIA LTD.

PTC INDIA LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

PTC trade ideas

Parallel channel breakout 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 Exchange, as it is likely to see a surge in volume of spot power traded on its platform in the coming years. The move would also be beneficial for the state-owned
NSE:PTCLong
by PriceWorksIndeed
Keep your eyes out on PTC IndiaPTC 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 trend reversal, and buying PTC @ 91 - 92 could help us book profits when the stock reaches its first target @ 103.45 and second target @ 110.80 before suffering resistance. This stock may take time to execute these changes and may have to be held for a medieval period of time.
NSE:PTC
by desaimihir
PTC INDIA: 3 RISING VALLEY Theory behind 3 Valley strategy... 1. The three rising valleys pattern is preceded by an uptrend usually, but can be preceded by a downtrend as well, and the pattern itself suggests a break further to the upside. 2. There are three valleys, the second valley's low price is higher than the first valley's low, and the third valley's low is higher than the second valley's low. 3. The valleys should be fairly similar in width. 4. The suggested buy signal is triggered when prices close above the high price established by the peak between the second and third valleys. Averaged maximum gain before a 20% retracement is 41%; and that prices pullback to the breakout signal price within 30 days 60% of the time. The market psychology of the pattern is as follows: A significant trait of an uptrend is that the trend makes higher highs and higher lows. The second peak in pattern is a higher high. The second valley after the first peak is a higher low. The definition of a new uptrend is complete. The second peak is a higher high which confirms the uptrend. Once prices break above the second peak high, traders buy expecting that the next peak will be a higher high thus confirming the uptrend yet again. As we know every stock is different and have different story. not every time u get the exact pattern. So, one should wait for pullback as RSI indicates overbought or buy @ CMP & accumulate on dips..
NSE:PTCLong
by VibhutiSharma
2
DAILY SWING CALL // Wednesday 7th of April 2021 / NSE: PTCDAILY SWING CALL // Wednesday 7th of April 2021 / NSE:PTC // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 83.65 TARGET: 96 (15% Around) STOP LOSS: 75 (10% Max) Standard Notes: - Please follow the Stop Loss strictly and preferably on a daily closing basis. - Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved. - Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period. - If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed. Disclosure: I may or may not have a position in this trade. Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
NSE:PTCLong
by Amit_Padishalwar