NTPC - 12th May 2022Medium Term View
Stock facing resistance in 160-150 Zones.
Selling Pressure will continue towards 140-127 Levels if above Resistance Zone not taken out on Weekly Closing Basis.
NTPC trade ideas
NTPC Trend line brakeoutNTPC Trend Line brakeout 161 above entery (above candle closing in 1 hour)
stoploss 155 candle closing (1hour )
Ntpc longif it closes day or 1hr candle above 161then it will break the trend line which is lower high and and lower low
NTPC Bullish breakout positionalNTPC is looking bullish after a big breakout that played out on Friday, with NIFTY CPSE index also showing strength. Has had a long consolidation in the background.
NSE NTPC BEARISH BUTTERFLYGenerally 50% retracement of CD line.
IF sustains above Black line (WEEKLY), then might give bullish breakout.
NTPC Channel BONTPC was give Channel BO. So can buy here 144 and add more if come 132 for the minimum target 175 ,1-3 month view.
NTPC BULLISHExpecting solid 20% returns in the short term and kindly enter at retracement levels.
Enjoy makkale and at the same time remember that there will be always up's and down's occurs.
NTPC - Breakout of Long ConsolidationNTPC has given a good breakout of symmetrical triangle with RSI also indicating buy one can buy and look buying opportunities.
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE CAREFULLY
NTPC--Short Idea---Swing TradeWe can short the scrip below 153 levels for tgt of 150 for intraday and 145 levels for swing trade
NTPC Flag pattern on Dailyit has formed flag pattern on daily chart. price is near 52W High.
on monthly chart, it is 10 year breakout.
200 looks easy for this.
any pull back toward trendline can be brought.
Monthly RSI crossing above 60, indicating more bullishness.
NTPC Taking Support at 200 EMAThis Is Good RR Trade
NTPC Taking Support at 200 EMA. You can take it Avove 129 for a target of 150
Keep Sl blow 200 EMA
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 taking any trade.
ntpc buyNtpc buy Targets and sl are plotted thier
NTPC Limited is India's largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India.
Symmetrical triangle pattern breakout in NTPC.Today's session look at symmetrical triangle pattern in NTPC. According to this pattern expected next target 176+.
NTPC - BullishIf this bullish candle holds above the resistance line, it has a potential to reach the target mentioned in the chart.
Only for Swing Traders.
Happy Trading :)
Symmetrical Triangle on NTPCWhich way it will break?
After a long uptrend price is consolidating making lower highs and higher lows, which shows that buyers and sellers are neutral and are not able to make a decision. Its been six months since the consolidation started, we know that consolidation which takes time gives strong breakout. Lets see which side it chooses to move, as it is above 200 EMA i am thinking it will move upwards, what do you think comment down below.
NTPC break out of multiple inside bars ..NTPC break out of multiple inside bars .after narrow range 16 bars finally the stock has started to move out of the range ..soon we can witness the stock to touch 152 and more ..
NTPC: Is it ready for a Mega Move?A "W" in making. Would be validated if stock closes above 145. Full support from Volume and RSI.
Trade Setup for Monday.
Entry: Above 145
Pattern Target: 152
SL: 142 DCB
What can be traded?:
1. Can go in Cash or April FUT or 145 CE
2. Or Short 140 PE
Please consult your financial adviser before investing. If you find worth it, do Like, Share and Comment! :-)
NTPC Triangle breakout awaitedNTPC has narrowed down on both daily & week time frames.
As it is sustaining above 20 SMA on both aily & weekly expecting an upside move.
Below is the weekly chart.
Keep SL at 126
long NTPClong above 144 sl 124 target 166 186 this is positional trade for months. trail sl by 10 rs if it moves above 156
