NTPC trade ideas
NTPC TARGET CUP & HANDLE FORMATIONBuy NTPC at 102 with SL of 95 and target 118,124 and 133 .Kindly check chart for analysis.
For educational purpose only.
LONGmy long term view on NTPC
it already broke dynamic trend line, now waiting for dynamic resistance @107 if it breaks, we can go for targets mentioned in the chart.
best price for entry 97-100
NTPC long bouGHT at cmp around 98 ......will do average till 95.5.......immediate target 107.....long target 113.5,127......exit if gives closing below 95 or 94
NTPC showing signs of breakoutIt has attempted to break the trend line.
Could be big for the stock.
Keep on radar.
Please like and follow.
Lets have coffee on handle breakout on Day time frame.Buy-CMP or at 94 on fall
SL-94,85,78
Targets-107,114,124,133
Take the position at your own risk.
NTPC - 30 Mins Chart, Long for TGT 107It has a strong support at 96.65 on 30 mins chart. Possible upmove once the traingle breaks.
Wait for the trendline breakout.
Tgt 107
View on NTPC #1 hour ChartShorting and buying opportunity in NTPC....
Head and shoulder and a Harmonic ABCD has formed...
Shorting - Sell only if price closes below 96.40 Target 1 - 93.40 target 2 - 91.80 Target 3 - 89.05
Long - Buy Between 88 - 89.05
can hold for the target of 96 and 100...
Share your views in comments...
NTPC BULLISH Given a weekly breakout. With all bullish signals. Buy - 100, sl 94, targets - 124 nd 139
NTPC Long - Anticipating MACD + UptrendAnother long trade based purely on the trend and the anticipation of a MACD cross. I do not use stop losses but you can set one for yourself based on the information on the chart. Most of the long trades are likely to be correlated to the broader markets, so any change in the index is likely to influence the price action. We seem to be in an extended bull market, but it can only go on for so long. Regardless, my previous trades on similar technical analysis seem to work out, so here is another one. I am not an expert or a financial analyst of any kind, so do your own due diligence.
BE CAREFULL ON NTPCNTPC HAS FORMED HEAD AND SHOULDERS PATTERN!!
BE VERY CAREFULL AS THE PATTERN IS ON DAILY CHART ITS MORE POWERFULL !
DO NOT TAKE ANY POSITION WITHIN 96 AND 101
U CAN SHORT BELOW 96 IF IT BREAKS WITH GOOD VOLUME OR U CAN WAIT FOR RETEST AND SHORT IT!
AND U CAN GO LONG ABOVE 101 OR 102 WITH GOOD VOLUME AS IT CAN ALSO FORM FAILURE HEAD AND SHOULDERS PATTERN!
BE CAREFULL WHILE TAKING A POSITION
ILL AVOID TAKING POSITION TILL MY LEVELS REACH ;-)
NTPC - Descending channel formation at monthly time frame NTPC - Descending channel formation at monthly time frame
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
