NTPC - 50% RETURNS!!!BUY - NTPC
CMP - Rs. 176
Target - 1: Rs. 205
Target - 2: Rs. 240
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Technicals - 1) Bullish Wedge Breakout
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NTPC trade ideas
NTPC Short Term TradeThe Level around 184 was a strong long term resistance,
It was broken on 12 june '23 , and since then , it has turned into support (grey horizontal line)
After that there was consolidation at 197 forming a short term resistance at that level (yellow line)
Now breakout has occured through that level , with good higher than average volume
For a Short Term Trade tgt= 207 sl= 194.8
NTPC - Wave Counts#NTPC completed a 5,3 cycle on a 15Min timeframe chart.
Where,
Wave 2 retraced 0.382 Wave 1 and
Wave A is equal to Wave C.
Which now suggest a further rally to upside from here.
NTPC Ascending TriangleNTPC Ascending Triangle formation on daily timeframe. Good setup for swing trade, wait for clear breakout and keep stoploss 171 (CB).
Entry: After breakout of pattern
Stoploss: 171 (CLOSING BASIS)
Target: 1:2
CMP: 182.05
ntpc for a swing tradentpc for a swing trade wait for a price retraced at orderblock make sure wait fot ltf confirmation then enter stoploss below the ob zone and follow your rr ratio nd position sizing according to your rpt.
NTPCif remains above 184 then expect near term breakout.
Fibonnaci projection could be test in due course of time with volatility.
An observation of trend line breakout.
NTPC 1HR
INTRADAY DAY
NTPC Looking good for upside..
When it break level 192.65 and sustain.. it will go upside...
BUY@ 192.70
Target
1st 193.80
2nd 194.95
FUTURE TRADE
NTPC JUL FUT – 9 LOT (Qty-27000)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
NTPC - Long Call OptionNTPC - Call Option Looking very good for long.
NTPC 190 call July Contract currently trading at 8.40
Can enter at current market price (7-8)
Lot Size -3000
SL- 3.5
Target- 12-14+
For Educational Purpose only
NTPC Long TGT 206NTPC looks long making ascending triangle breakout with perfect volume so keeping the target of 206. The target is derived from widset legs of the triangle.
Ascending Trianglr Formation in NTPC at Daily time Frame The NTPC formed a good Ascending triangle pattern whcih give us target of 206
32% away from all time high tested in 2007 ntpc is 32% away from its all time high
currently trading at a decade high
the power company has lot of move left to play
NTPC 1H LONGLooking good for long positions however if market is under selling pressure you can take short position. Please go with market direction.
NTPC Strong Breakout & Retest SetupNTPC has given a strong breakout above a resistance zone that was tested multiple times and is now approaching a retest of this zone, which is expected to act as a support zone. Based on this setup, a swing trade opportunity may be considered.
Entry: A long position can be initiated after the close of a strong bullish candle near the flip zone.
Stop Loss: A stop loss order can be placed below the flip zone to limit potential losses.
Targets:
Target 1: Take profit can be set near the next resistance zone as marked on the chart.
Target 2: Once target 1 is achieved, a second profit target can be set near the next resistance zone 2 as marked on the chart.
What is Flip Zone?
A flip zone is a term used to describe a price zone that has flipped from acting as a resistance to acting as a support level or vice versa. It occurs when the price breaks through a key level, then retests it, causing the level to switch from acting as resistance to support or vice versa.
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NTPC SHORTFocus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or over analyse
5. Treat this as your Business and get serious about it
NTPC : CUP & HANDLE PATTERNNTPC - Divestments on cards some movement might come soon. Power Segment already seeing some momentum
NTPC - Multiyear BreakoutNTPC has given a multi year breakout, expected to reach 191 followed by 200.
Buy NTPC with target of 200
#Nifty - NTPC Cup and Handle PatternNTPC is after a consolidation pattern with cup and handle has broken out . Likely to hold breakout and move up further
Symmetric TriangleThe scrip displays a symmetric triangle with chances of a good up move, The entries and exits have been provided, looks good from a long term standpoint.
Candles have been forming a inside candle pattern with no direction in the last few days.
NTPCAfter analyzing NPTC's stock, there are indications that a potential breakout may occur in the near future
However, it's important to note that stock market investments come with inherent risks, and predicting breakouts or price movements accurately is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
NTPC- short after testing the resistance multiple times , price has formed three red candles.
MACD,RSI are bearish
most power stocks are technically weak for short term
