NTPC - ShortNTPC Stock Analysis report.
Stock has trendline break out
Sort at 177 with SL of 178 Target 170
Over all stock is in uptrend and this is just retracement
NTPC trade ideas
NSE NTPC stay strong in any market weakness, TP 190 with calls
As nifty is expected to go below 17300 on March 13 Market opening - NTPC could be a winner
Close to life highs, very strong buying / switching from high beta stocks
IV is very low (14%) and the call sellers could panic when the stock goes above 183 (life high) - this has been tested once already
Keep stop at 172 - which is the logical resistance and expect to see 190 within the month. Buying calls (very cheap) is the right way to trade this
NTPC Hourly NTPC on hourly chart is indicating a typical text book Bullish Flag & Pole pattern formation. It was previously under range consolidation and then post breakout gave a good momentum upside.
It then retraced back and took support at exactly 50% retracement level of recent upmove. On hourly chart as per closing basis it is showing a visible breakout in Bullish Flag & Pole pattern.
Keep this setup in radar for coming sessions to potentially get a good momentum.
15 min chart for small time frame reference
This isn't a buy or sell recommendation but just an educational purpose post
Hello Dosto, NTPC SELL FOR SHORT TERM So, Last week long calls are doing great.
This week ntpc is looking good for short side if it breaks PDL then go for short side with Small SL
ENTRY=BELOW 171-172
SL=PDH
Target =trail in profit
NTPC BULLISHNTPC Closing 172.4 with stoploss 161 then targets are 183-190.
Buying Reason.
1 --> Price closing above 20,50 EMA.
2 --> RSI is ready Cross 60 Level.
3 --> ADX is showing the Bullish Move and +DMI is Rise.
4 --> Volume is also showing the Breakout Volume and Cross the Average Volume.
5 --> Also Bollinger Bands are Open is Positive side.
#NTPCViral News
Adani Enterprises, Nykaa, Balkrishna Industries: What should be your strategy amid volatility
Penny Stock Under Re 1 Hit Upper Circuit, Gains 20% Intraday, Soars 784% In 3-Years
Hindenburg effect: Adani Group cuts revenue growth target, capex amid rout
Adani retains astronomical valuation even after stock market rout
Nifty unlikely to breach 17,500: Analysts
Stocks to watch: M&M, Nykaa, SAIL, Sun Pharma, NALCO, Oil India, Tata Steel
Vodafone Idea in talks to refinance Rs 3,000-4,000 crore of loans
Coforge tumbles after 10% shares change hands; Baring PE likely seller
Ambuja Cements, Adani Ports shares out of ASM framework
ntpc- range bound stock always.not a good idea to trade with this stock.
Just calculating, it has to go up (slightly)
ntpc 30th jan 2023 swing tradeSwing trading ideas
lets, watchout for this stock and see how this trade works out
taking support multiple times,
Buy after breakout of resistance line,
weekly support
NTPS Weekly Chart NTPS Continuously Respecting 30WMA. Now its at Support of 30 WMA. let's wait for Bullish confirmation.
History Repeats HISTORY REPEATS ITSELF
NTPC has formed similar patters in the past and on a break of the trendline and has soared a good 12%-19%, making it highly probable.
NTPC breaks its downward trendline on high volume with support from 50ema
Options Data: 7% increase in one day on open interest causing a long buildup
Target of 183.05
Stop loss at 164.65
Keep it Simple
NTPC was breakout be ready for long breakdown and breakout happen means be ready for both thing it is moving in channel and in one month time frame so see chart and price action base
comment me for any stocks analysis
NTPC LONG OPPORTUNITY!!falling wedge pattern is seen NTPC.
Long opportunity is possible
initiate long positions if NTPC gives breakout above 168 and upto 180-190 levels in coming days!
NTPC may go up till 180 SL 160 in week time As per Harmonic PRZ pattern, NTPC may go up till 180 SL 160
NTPC IN SYMMETRICAL TRIANGLENTPC LOOK GOOD in near term for buying and form symmetrical triangle pattern in ONE DAY time frame. stock is ready for breakout from triangle and we are expecting 10 point or 6-7% return in few days and keep hard stoploss on 167.
NTPC analysisit is currently making an equilateral triangle.
It has a potential of both side, take a trade when it breaks either the support or the resistance
Bounced from Parallel Channel support
Look good for long and positional.
IN positive news regarding commence of commercial unit , Passed 1GW landmark in total for Renewable Energy .
Target : 187
SL : 167
Duration : 1-3 week.
classic charts for studybeautiful technical formation called round formation which is bullish
stock looks good although as its belong to power dont see humoungous rally due to the sector issues
Short Term Trade Idea Buy(NTPC)
Utilities
Power Generation
Largecap
With a market cap of ₹1,65,140 cr, stock is ranked 33
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock offers good dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI Registered Research Analyst so before your Investment Please Consult you Financial adviser.
