NTPC trade ideas
NTPC support and resistance linesNTPC support and resistance lines. See how it is behaving at immediate resistance and trade buy when able to close above the resistance line
LONG TILL 110After crying about my previous loss of Approx 30 Bigones , I'm back.
Going Long and holding till 110.
This time playing in CASH
NTPC LTD. - B 101.5 TSL 88 TGT 110/114/123NTPC LTD. - B 101.5 TSL 88 TGT 110/114/123
The stock made a very strong bullish candle and closed below the strong resistance price 101.
Technical Indicators are Bullish.
RSI is above 60.
Net buying is positive from 3 days.
TE TIME TREND is Bullish.
If the price breaks today's high with Volume, the next resistance is 110 & 114.5 on the daily chart. Nearby support is at 88.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
NTPC Triangle BreakoutNTPC hass been testing 100-101 zone but has breached it today finally. I expect price 15-20% upside. Support at around 90
DISCLAIMER - This is just my personal analysis and not a trade recommendation. Please do your own analysis before taking any trade.
NTPC LongThe bottom trend line indicates that the price is making higher lows, while finding resistance at Rs.99. This provides a good entry point at CMP with a target at about 100 while keeping SL at 90.5
Next Move ( Up coming )I am looking this kind of development in this scrip , One can wait for splash drop to complete and Look for Buy set up with reversal
It will make one more move up before heading short move correction in the price
Short ntpcLast 6th -4th candles are rejecting candle .
Ema 100 work as resistance and also 100 is resistance
And Ascending triangle breakdown /trend line break down with big red covering candle
NTPC - Ascending TriangleNote: This is for educational purpose only.
NTPC has formed an ascending triangle on daily chart. Breakout above 101 should give a fresh move upwards. RSI and MFI above 50 shows price momentum and volume is in bullish zone.
Stay Tuned for the NutsAnalysed levels mentioned on chart!!!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
NTPC NEAR BREAKOUTThe stock have given a good ascending triangle formation on the 4H time frame. it's continuing it's trend towards upside and it indicates a pure chance for breakout
It might face a resistance at 105 region after breakout
""Do your analysis and go for the best keep proper STOPLOSS and Trade Safe!!!""
NTPC wait for the brekoutAfter breaking longterm resistance stock is moving in a triangle pattern
Wait for the breakout to go long
