Salman_SK

Salman_SK

Ascending Triangle, entry at 345 or above and target the next Clean high and Equal highs marked

Salman_SK

NTPC looks weak It has area of imbalance at the bottom side if the support area is taken out Take entry for sell side/PE calls if the support is out Cheers!

Salman_SK

Forming an ascending triangle One can look for intraday only once previous day high is taken out.

Salman_SK

One can aim for longer positional trade. Entry: 4230.35 Trgt 1: 4290 Trgt 2: 4346 Trgt 3: 4389 SL: 4180

Salman_SK

Observations: 1. Ascending Triangle 2. RSI (14) looks strong and is showing strong buy strength 3. MSB (Market Break Structure 4. Area of Imbalance on the upper side (marked on chart) I see 3 opportunities with buy side entry with R: R 1:2 (next clean high); 1:2.75 (next clean high) and 1:3.91 (Imbalance area)