NTPC trade ideas
NTPC can go above 198.70 ??Answer is big yes !! NTPC s a power sector company with huge profits we can enter into this at this time if it sustains above it's level . Fundamentally it is very strong because it is just moving around its B.V and providing huge profits and dividend. If it goes up we can accumulate it in as percentage for higher returns .So, we can enter into this but if it falls from now at every break down we can accumulate and make it as average . We will see it above 198.70 in few months... Thank you guys ..
Simple Trade Setup |NTPC | 18-10-2021 [INTRADAY & POSITIONAL]NSE:NTPC
Observations:
1) On 1 day time frame, we can see that as per FIB retracement immediate resistance is at 149.50.
Please refer below chart : 1day Time Frame.
But level range of 150-150.30 will work as resistance.
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One can initiate safe long trade only on sustainable breakout of this range.
For long positional trade for short to mid term targets will be 154, 158 and 162
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Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
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.
Rounding bottom pattern Wait what brilliant rounding bottom pattern its
1. For Short Term
Small Rounding bottom pattern TGT 237 (Max 1 yr)
2. If the short rounding bottom pattern achieved, then is bigger ROUNDING BOTTOM PATTERN
TGT for 400
Unless No split / Bonus
NTPC share is ready for rocket !!! (JUST LIKE TATA POWER)
Hold your position no hurry Please
DO YOUR OWN STUDY !!!
ITS NOT RECOMMENDATION !!!
Simple Trade Setup | NTPC | 11-10-2021 [INTRADAY]NSE:NTPC
Observations:
1) On 1 day time frame,today it took support near from 10DMA and closed at 141.10.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see that now it is trading in falling channel pattern.
Please refer below chart : 15 min Time Frame.
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Trade Setup for Date 11-10-2021:
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 respsective level considering how price action works near that level.
14 Years Breakout in NTPCOn a monthly chart we can see clear cut breakout with a long bullish candle. I am expecting a little retrace from here, however this guy is damn good for long investment like for 6 to 9 months.
It is good to accumulate near 125 to 130 range with a target 210.
Thanks, Happy Trading
Energy Coil in NTPC
Another Bullish sign: Formation of energy coil at support. It is long till 140 stop loss below 121
Successful chart reading is a study of Force. It requires ability to judge which side has the greatest pulling power and one must have the courage to go with that side. There are critical points which occur in each swing just as in the life of a business or of an individual. At these junctures it seems as though a feather’s weight on either side would determine the immediate trend. Any one who can spot these points has much to win and little to lose.
- Richard Wyckof
DISCLAIMER:
This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experience.
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.