NTPC trade ideas
NTPC (Detailed Analysis)NTPC (Weekly):
1. On Trendline Support
2. Forming a Symmetrical Triangle
3. Can go Long only after Breakout
4. Closing above 5, 13 Exponential Weekly Moving Average
NTPC (Daily):
1. Consolidating within Symmetrical Triangle
Addl Points:
1. FII/FPI have increased holdings from 13.48% to 14.54% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 18.37% to 17.75% in Dec 2021 qtr
Note:
The above analysis is for educational purpose.
NTPC Bullish Flag Chart PatternNTPC is forming a bullish flag pattern on daily chart. The stock has been in a slight downward consolidation zone trading between 130-140 for past four months. Now the stock is showing strong signs of reversal in the direction of the dominant long-term trend. The stock could easily cross 160 mark in next two weeks. Even end up at somewhere around 165 - 168 to be precise.
NTPC consolidating in a narrow range.NTPC is taking support and has closed near the support level.
Stock has been forming inside candle for 3-4 days.
Support:- 131,127,125
Resistance:-134,137.5
The stock will give a breakout in this week
Keep a watch on NTPC.
NTPC Looks weak !!NTPC : cmp : 130.2
A H &S kind of pattern has been form in 2H chart as well as daily chart.
Making lower lows for 3 days.. Facing resistance near 133-135 level.
Closed below all important moving average.
May test 124/120 level.
View negated above 133.1 level.
Sell on rise candidate.
Can take position in future and option also.
if it opens lower wait for the bounce for shorting.
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Swing Opportunity in NTPCGo Long above 132.6 for Targets of 137.3, and 142 with SL 127.9
Reasons to go Long :
1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.618 Fibonacci level.
3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. In addition to this there is a gap that is yet to be filled.
5. There is a trendline (marked with red color), which is providing resistance to the stock so we have placed our final target just below it.
NSE:NTPC All levels marked !!NSE:NTPC
#NSE:NTPC Levels marked on chart !!
Message for clarifications its just down to this chart !!
Long #NTPC for TGT - 145 , Swing Trade- Reason - 130 DMALong #NTPC for TGT - 145 , Swing Trade- Reason - 130 DMA
NTPC optionsNTPC showing great movementum markets volatile but waiting for channel breakout positive keep watch on call option 132 /133 /135
Weak🔴 Strong profit booking seen post results. Stock down 7.11%.
🔴 RST-SAR system has given a trend reversal signal on 2D TF.
🔴 On the weekly chart it has formed a #TweezerTop pattern.
🔴 As per #VSA it has made #TopReversal pattern on daily TF
🟠 Stock can revisit lower levels. TGT: 127/123117.8/112.8
YR 2022 Idea #4: Long on NTPCThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
NTPC Bullish StockNTPC
1.good buy trend
2. confirmation break for resistance line after expect mentioned target
MTA and levels analysis for today's NTPC stock.According to the analysis NTPC will go uptrend today as because it is the top gainer between 9:15AM to 9:30AM(IST) and as per the strategy applied.
Simple Trade Setup | NTPC | 28-01-2022 [INTRADAY]NSE:NTPC
Due to monthly expiry, it couldn't give proper move.
Again selecting this for tomorrow. most of levels remains same as per previous one.
Trade Setup for 28-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | NTPC | 27-01-2022 [INTRADAY]NSE:NTPC
Trade Setup for 27-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
multybagger return need multy multy bagger patienceat these level seems to be a best buy. expecting returns in xxx... will have to hold positionally best rr at these levels
NTPC 350+ ?? Possible.. Best Ride in CashSo, let’s not forget the great power crisis we were in just few weeks back. India did not have enough coal they said.
Let’s not forget March starting AC will be running and we will need gigantic supply of power.
Let’s also understand that everything else has ran up quite significantly and needs a breather. Coal India and NTPC have not run so much.
Best time to buy NTPC and Coal India in cash now. Sell in August - October 2022 timeframe.
Targets are marked in green line.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
NTPC Breakout Retest Confirmation on WeeklyNTPC broke out of its decade long weekly resistance line in Sep'21. The breakout was supported by push in volume. The stock did a retest of the trend line and has now started its journey toward the direction of the breakout.
Longs may be initiated in 119-137 zone with targets of 155/190. Stop loss below 119.
Long #NTPC for TGT - 150, Swing Trade- Reason- 100 DMA supportLong #NTPC for TGT - 150, Swing Trade- Reason- 100 DMA support
