High probability that this time stock of NTPC will move upward for the 275+++ target. Stock will break out soon. Keep the stock in your watch list. This is for your educational purpose only.
NTPC stock is in a long uptrend & a high probability that the stock will continue the uptrend and going to hit all-time new highs.
1) Long after the BO of conflux area above 240 with a green candle.
2) Previous stock move from the 50 EMA .
3) If RSI also crosses above 60, that's a very high chance of the stock going long .
In case stock rejects the area then...
# NTPC #
BUY ABOVE - 219
CBSL - 209
TG - 240 - 250
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
NTPC 'daily t/f' Elliott Wave Counts from the low of 2020,
forming triangle at hourly chart in wave (4) of the impulse starting from Corona low.
More than 15% move can be expected to upside from here.
Regards.
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Hello friends sharing the weekly chart of Ntpc as we can see by this chart that currently it is trading in Triangle pattern on weekly time frame after a breakout of falling trendline resistance and retested that resistance too as a support and the sharp uptrend supported by trendline it is indicating that a bullish move will come if it will able to break the...
