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vraj8597
Dec 25, 2021 4:19 AM

NTPC - Price Action Analysis  Long

NTPC LTDNSE

Description

Yesterday, NSE:NTPC has broken the dynamic Support trendline. It has already been activated Harmonic Butterfly pattern with PRZ level 1.272 at 113.

BUY : If It is continue falling then Buying opportunity will only happen when price holds at 112 to 116 and makes confirmation candle.

SELL : Any gap up to 124 - 126 will create a short opportunity .Confirmation above 128 and breakout candle with high volume momentum help buyers to take a lead for further uptrend.
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