Education purpose only - NTPCAfter the hype stock has come down which 23.6% from its peak as per fib level... it is near its 50 Weekly EMA... govt expenditure is going to increase... is it the time to bounce back..
It will further strengthen if it closes above current week high which 373... lets see how the future will unfold..
NTPC trade ideas
NTPC - short for 10 %sequqnce of changes impying bearish trend is explained in figure
price action had 3 lower lows - implies a change in trend
price ended below the pivot level of 426 (august level)
price breached 18 day EMA with decent volumes
inside bar formation below 18 day and price facing resistance from 18 day for 4 days
MACD are bearish
Target and SL marked
NTPC 1D TFNSE:NTPC has broken a trend line which I have posted in previous post. The stock could be have been traded in two ways.
Trade 1:
Entering the market as soon as the stock broke the trend line.
The stock has reached 1:1.5 and is running in profit.
Trade 2:
Waiting for another bearish candle or a retracement. The stock formed another bearish candle and If I have traded below that the stock is running in profit and I am waiting for the market to achieve a 1.5 reward.
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NTPC 1D TFAs discussed in the previous post, NSE:NTPC has broke down a trend line and is moving down. But i would wait for multiple confirmations (a retracement for example) in order to enter this stock. As the trendline is not too strong, waiting for a strong confirmation is good before entering the trade
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NTPC 1D TFA trend line pattern has been formed in NSE:NTPC . It has multiple touch points which has made the trend line a strong one. Let us wait for the stock to react from the trendline
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
#NTPC Support & Resistance #NTPC
Trend: Strong bullish momentum with a breakout.
Chart Pattern: Breakout above ₹430 with increased volume.
Resistance Levels: ₹460-₹465 (immediate), ₹480-₹490 (next).
Support Levels: ₹430 (immediate), ₹400 (stronger).
Volume Spike: Current volume around 20.9 million, above 15-day average of ~14million.
Recommendation: Buy on pullback around ₹430-₹435 or current price for swing
trade.
#NTPC BREAKOUT AND RETESTED
#NTPC BREAKOUT AND RETESTED
A good low risk setup in daily time frame above
432 makes a perfect entry. SL below recent swing
low. 420
A very good weekly break out at weekly time
frame.
Expecting stock price to reach 445-450-460+ in up
coming days.
Volume looks good.
Every entry must have a stoploss partnered with it.
Disclaimer: not SEBI Registere and not responsible
for your profits and your losses thank you
A BREAKOUT & RETESTED STOCK - NTPC NSE:NTPC
❇️A good low risk setup in daily time frame above 432 makes a perfect entry.
❇️SL below recent swing low. 420
❇️A very good weekly break out at weekly time frame.
❇️Expecting stock price to reach 445-450-460+ in up coming days.
❇️ Volume looks good.
❇️Every entry must have a stoploss partnered with it.
Disclaimer: not SEBI Registere and not responsible for your profits and your losses thank you 🌻
👉🏻 @thetradeforecast 🇮🇳
NTPC Continuing Bullish TrendNSE:NTPC Continuing Bullish Uptrend, After making Election Results High those levels acted as Resistance, and now that Resistance is acting like a support on a daily timeframe, today was a Vol. Spurt because of Value Unlocking of NTPC Green Energy IPO News. Keep a Close Watch Ahead.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making any investment decisions.
Some information about NTPCNTPC is a government-owned corporation in India that generates power from various sources, including coal, gas, and renewable energy sources. The corporation operates several power plants across the country, with a total installed capacity of over 60,000 MW.
Here are some key levels related to NTPC:
Installed Capacity: Over 60,000 MW (as of 2022)
Power Generation: Around 250-300 billion units (BU) per year
Fuel Mix: Coal (60%), Gas (20%), Renewable Energy Sources (20%)
Employee Strength: Over 17,000 employees
Revenue: Over ₹1 lakh crore (approximately $13.8 billion USD) in FY2020-21
Net Profit: Over ₹14,000 crore (approximately $1.9 billion USD) in FY2020-21
Share Price: Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India, with a current market capitalization of over ₹2 lakh crore (approximately $27.6 billion USD)
NTPC FOR 430+NTPC is one of the leading company of Thermal power sector now on top of break out.
I see strength in his chart I am bullish on this script as i do see double bottom pattern also
C.M.P 📑- 414
Target 🎯 - 393
Stoploss 🚫 - 430+
Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea! ✅
Disclaimer: This is not any stock recommendation; this is only for educational purpose.
Eat🍜 Sleep😴 Trading View📈 Repeat 🔁