NTPC trade ideas
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 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!!!""