NTPC 11 YEAR BREAKOUTNTPC 11 YEAR BREAKOUT
Cmp - 164
Buy Zone - 135-140/120-125
SL - 111 ( Monthly Closing Basis )
Target - 200/240
Time Frame - 2/3 Years
NTPC trade ideas
SUPER MOVE IN MAKINGHello 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 resistance trendline of triangle and a horizontal resistance (very old resistance) too which is nearly about to 187-188 levels for the target of 201 and 236 which is almost near to it's all time high too in this execution we will take a stop loss of weekly close below resistance trendline.
📣Trading setup is the most important thing in trading because it always help you to avoid the compulsory trading and will do only when your pattern or setup will allow to trade with proper risk management because you kept in your mind that I will do trade only when mine setup will allow.
OBSERVATIONS-:
💡BREAKOUT OF FALLING RESISTANCE
💡RETESTED FALLING RESISTANCE AS SUPPROT
💡TRIANGLE PATTERN CURRENTLY
TARGET IDENTIFICATION-:
HORIZONTAL RESISTANCE-:
𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄.
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
NTPC F&P BREAKOUTNTPC giving F&P breakout
trading above all key ema
good volume built up
educational idea
Breakout in NTPC , Triangle breakout Pros--As we see the price is at its 52 week high , also the price is above its 200 days MA , we can expect a bullish momentum in the stock in near about the month . Also the stock had given the breakout with good volume .
Cons--
1. a consilidation is not present near brakout .
2. price is at its highest point so we dont have a supply zone.
3. price didn't come to retest the trendline yet . so, it may come to retest.
10% UPSIDE POTENTIAL IN NTPC 📈🚀Bull flag pattern has been formed on NTPC breakout of the pattern will give a good bullish move.
TP1 - 240.85
TP2 - 250
NTPC LTD
FLAG & POLE PATERN BREAKOUT
Long Time to be GOOD
BUY : NTPC LTD
BUY PRICE : 218
STOP LOSS : 210
TARGATE : 240
GAIN : 10% Momentum
Short NTPC Below 213Short NTPC Below 213. If you see the price taking rejection near 214 level line as shown in the chart then can enter in trade with SL of 214 and target of 210.5(near 20 EMA on Daily TF). Reason for trade, RSI is week. Stock price has broken down the consolidation zone and trading at days low. Weekly candle is big inside candle with no signs of buyers from lower levels(Weekly candle low is 212.65 and close is 213).
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
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NTPC Looks BullishNTPC Has created a flag pattern and Gave a retest which shows bullish movement. Keep Watching it.
ntpc -buybuy at cmp
easy tg - 222.5
tg2 - 225
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Another Rocket !!!The stock now under resting mode after big bullish trend.
During the consolidation volumes looks so dry, that indicates supply is less.
It will go 6 to 10 points more.
Wait for BO and trade on your own analysis
NTPC DESCENDING TRIANGLE...📉🐻Descending Triangle has been formed in NTPC Break below 217 will lead to a bearish movement.
TP1 - 214.60
TP2 - 211.25
Marking 3 TARGETS to SHORTas per analysis NTPC May take correction upto marked line , it will start soon after short range market
NTPC for swing trade.NTPC, which has been consolidating for over 2 years, has the potential to experience a breakout with strong momentum. As visible from chart it has made a rectangular channel pattern where it has retested it's support and bounced back over and over again.
Today, the stock has reached its resistance level and formed a positive candlestick. If the stock breaks the resistance and sustains above this line, it could be an opportunity to take position.
#StockMarket #technicalAnalysis #NSE #NTPC #Swingtrading
ntpc breakoutntpc broke out of a parallel channel - onwards to a higher target and faster movement upwards
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 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..
