NTPC LTD NSE:​NTPC

Not absolutely convinced but i think NTPC can give a breakout only if market gives support, volatility is increasing too.

Check the chart

Long can be initiated at the break of the above TL.

breakout likely

C> 174.35 and H > 180 with strength by next week Will confirm a #BoxBO CCI(D) > 100 CCI(W) on the verge of crossing 100 Volume Support Seen Alignment awaited on Weekly timeframe Must cross Fibo 173.30 with strength for Target 198 / 210 Duration: 2 months

.

NSE:NTPC

Please correct me, if my analysis is wrong.This is for my educational purpose and my understanding sake only. I always allows suggestion on this. please respond to this.NSE:NTPC

NTPC bearish pinbar formation?

check chart

check chart for details

Neckline break possible and upmove from 161 to 166, 171 and 180 levels in 10 days may be seen.

ntpc formed a diamon pattern which is bullish..

155.45 is Resistance

Hammer formed at support level, RSI oversold and good fundamental stock. Buy at 157, Stop 153 Target 166

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 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 currently ranged downwards share ... for intraday trade my plan is sell 175.20/- price .. as it is vibrating in this price regularly