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NeeteshJain
Sep 10, 2016 3:49 PM

NTPC Breaks Out from Symmetrical Triangle (Bearish) Short

NTPC LTD.BSE

Description

On hourly chart, the price action breaks out from symmetrical triangle at the last hour of trading indication bearishness and dominance of sellers. It shall further go down on Monday.

Target:155
Stoploss 161
Duration 1-2 days
Comments
Manish_Kumar1
NTPC in monthly chart stochastics have given sell
NeeteshJain
@ManishKumar Yes, it shall correct first before further going up. Well identified. Good Luck
Maahir29
Thanks 2 Share valuable ideas ....
help 4 every one....
NeeteshJain
@Maahir29 I like to share informative charts to make retail traders get educated and informed of their decisions in order to gain something out the market from their hard earned money and I also like to share it with my fellow friends on this wonderful platform to get feedback from them to improve and also to provide them an edge in market if possible.
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