Technical (chart) view — summary
Overall short-to-medium technical bias: Neutral-to-mildly bearish on intraday/short term, neutral on medium/long term — price is hugging its moving averages (no strong trending breakout). Several technical services show mixed signals (many MA’s clustered near current price).
ey indicator reads (approx):
RSI (14): ~≈ 38–49 (different snapshots report ~46–48 or low 40s → neutral / slightly weak).
Investing.com India
+1
MACD: slightly mixed to slightly negative / near zero — no decisive momentum.
Investing.com India
+1
50-day / 200-day MAs: price is sitting around 50-day ≈ ₹84–85 and 200-day ≈ ₹82–86 depending on source — the MAs are clustered, signalling consolidation rather than a trending market.
A. Short-term trader (days → few weeks)
View: market neutral / range-bound unless breakout occurs.
Trade idea: fade near resistance ₹86–88 with tight stop above ₹90; target intraday/swing down to ₹82–78. OR buy small on dip ₹82–80 with stop ~₹78 and initial target ₹88–92.
Risk management: keep position size small; volatility can spike near news (board meeting/earnings).
B. Medium-term (1–6 months)
View: wait for confirmation of earnings / project commissioning progress.
Play: consider accumulating on sustained close >₹88 with conviction (breakout), or buy dips into ₹78–75 with a 3–6 month horizon if comfortable with project cycle risk.
C. Long-term investor (12+ months)
View: buy if you believe in India’s hydro + green transition and NHPC’s ability to monetize assets and complete projects. Valuation is fair (P/E ~28; ROE ~7.5) — not cheap, but stable dividend & govt backing are positives. Consider dollar-cost averaging rather than lump sum.
this not any buy/sell recommendation only knowledge purpose and learning
Overall short-to-medium technical bias: Neutral-to-mildly bearish on intraday/short term, neutral on medium/long term — price is hugging its moving averages (no strong trending breakout). Several technical services show mixed signals (many MA’s clustered near current price).
ey indicator reads (approx):
RSI (14): ~≈ 38–49 (different snapshots report ~46–48 or low 40s → neutral / slightly weak).
Investing.com India
+1
MACD: slightly mixed to slightly negative / near zero — no decisive momentum.
Investing.com India
+1
50-day / 200-day MAs: price is sitting around 50-day ≈ ₹84–85 and 200-day ≈ ₹82–86 depending on source — the MAs are clustered, signalling consolidation rather than a trending market.
A. Short-term trader (days → few weeks)
View: market neutral / range-bound unless breakout occurs.
Trade idea: fade near resistance ₹86–88 with tight stop above ₹90; target intraday/swing down to ₹82–78. OR buy small on dip ₹82–80 with stop ~₹78 and initial target ₹88–92.
Risk management: keep position size small; volatility can spike near news (board meeting/earnings).
B. Medium-term (1–6 months)
View: wait for confirmation of earnings / project commissioning progress.
Play: consider accumulating on sustained close >₹88 with conviction (breakout), or buy dips into ₹78–75 with a 3–6 month horizon if comfortable with project cycle risk.
C. Long-term investor (12+ months)
View: buy if you believe in India’s hydro + green transition and NHPC’s ability to monetize assets and complete projects. Valuation is fair (P/E ~28; ROE ~7.5) — not cheap, but stable dividend & govt backing are positives. Consider dollar-cost averaging rather than lump sum.
this not any buy/sell recommendation only knowledge purpose and learning
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.