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 trade ideas
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
Technical Report, NTPC LongNSE:NTPC
Buy @ 134-138
Incalidation level @ 123.65
Target: 154, 166
Elliott Wave View: NATIONAL THERMAL POWER CORPORATION, Wave 3 in progress?
The short-term Elliott wave view in NTPC suggests that the stock has given a breakout from a
bullish ascending pattern with volumes which indicates the momentum is likely to continue to the
upside.
Price has taken a support at the trend line indicating continuation of bullish trend, which may
continue if the price trades above the trendline.
The momentum oscillator (RSI) is above 70 on the Daily chart.
Next Potential short-term target for the stock is Rs.154 to Rs.166
NTPC W pattern break out ideaif Ntpc daily closing above 144 and sustain there then most prob target will 170-172 in couple of weeks
Ntpc making HH pattern on weekly TFNSE:NTPC
NTPC taking strong support and bpunce back pn weekly time frame with good volume . Can give further good move in coming sessions . For holding it is good can break ATH and tg could be much better .
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.
