NTPC POSITIONAL/SWING TRADE ANALYSISNTPC CONTRACTION PATTERN A GOOD VOLUME BREAKOUT CAN TAKE IT TO HIGHER LEVELS
CAN SHOW LEVELS OF 112-116, IF SUSTAINS ABOVE 108, MAJOR RESISTANCE AT 123-126
NTPC trade ideas
NTPCa good consolidation in daily as well as weekly chart, in next above 109, it may be blast for the next target of 140.
NTPC Long Information provided in the chart.
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NTPC - Tuesday TradeNTPC has broken the Trendline which it was testing till yesterday. Good for long tomorrow if sustains above Trendline
NTPC on the verge of giving a breakout from trendlineNTPC on the verge of giving a breakout from trendline, and in final hour it took support from very well tested resistance.
NTPC has broken the resistance and has been consolidating I will look at buying NTPC because :
It has broken the Resistance.
Its back to its resistance and we can see big move upwards soon
Entry : 109
Target : 119/125/130
Stop loss : 107.3
NTPC | Simple Supply & Demand chart - Looks good for 32%NTPC | Simple Supply & Demand chart - Looks good for 32%
CMP : 110
SL : 100
Target : 146
Almost 1:5 risk reward setup
NTPC showing good signs for positional buy above 115NTPC is showing positive sign to take next leap of growth and looking as promising stock for SIP or short - mid term holding.
Chart has been analyzed on Weekly Time frame... portraying good movement after trendline breakout and expect price to pickup it momentum, if price on daily time frame closes above 115
We feel it's an ideal BUY and HOLD stock for short term to mid term (3 to 6 months) and recommended to buy on Weekly SIP or buy at different intervals. Given the market positive market sentiment for SEG sector, the stock might get additional push to propel the growth.
Feedback are welcome... Happy Trading > Investing > Wealth Creation.
NTPC weekly BreakoutNTPC is just closed above his Trendline. And now he is ready to go up. First support is near 90. So we can maintain our stop loss around 90. 78 is a major support. And all target levels are mentioned in the chart.
NTPC can be bought for short term and long term at CMPBuy NTPC at cmp with SL of 105 for target of 118 and then 127 ND INVESTORS CAN accumulate on each decline for target of 160 to 200.
NTPC formed a Wedge pattern and given a breakdown.There has been a wedge pattern formed in 30min timeframe.
It has given a breakdown.
It could be traded with an SL of 113.25 and T1=110.05, T2=107.65
NTPC REVERSE HEAD AND SHOULDER WITH BREAK OUTThe details are as shown in chart; please give your comments
NTPC : Daily Timeframe : Bullish StructureObservations :
Weekly structure : bullish
Monthly structure : bullish
Risk of 9/10pts
Reward (possible) of 6/30 pts
A VERY GOOD TRADING OPPORTUNITY
