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NTPC- CMP 102.4 - Update

NSE:NTPC   NTPC LTD
NTPC CMP-102.4, Channel breakout. On last working day it made huge volumes of around 2.5 times previous volumes with a price rise of 5% and OI rise of around 2%. MACD and RSI are also indicating positive. Option chain indicates good support at 100 as calls are cut and puts are added till 100 significantly and also reduction in calls are happening at 105 also. It can go up to 107, 116.8 in near term with a SL of 96. It is purely educational purpose and any investment made shall be after consultation with financial advisers.
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