i am a new trader pls some one confirm that my analysis is correct or not 1.its forming an wedge pattern and moving down words 2. it have taken a resistance at 108.15 and start to fall down 3.the wedge patter is supporting both day and week chart time frame 4. And RSI touched 80 over brought zone NSE:NTPC
Hi Traders, This stock will provide some buying opportunities in coming days. As we breakdown the chart, the price has broken through the weekly inner trendline in confluence with the break of SMA 50. This is a good indication that price will test the outer trendline . The weekly chart formed a double bottom pattern and broke above the neckline, that's another...
DATE: 20 AUG 2020 INSTRUMENT: NTPC INDICATORS: DAY PSAR: BULLISH STOCHASTICS: BULLISH 200 DMA: 101.60 INDICATORS: WEEK PSAR: BULLISH STOCHASTICS: BULLISH INDICATORS: MONTH PSAR: BULLISH STOCHASTICS: BULLISH CMP: 101.10 BUY: 102.60 TGT . 01: 106.68 TGT . 02: 111.76 RISK DISCLOSURE : Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED...
price at support looks good , we have really good triangle setup need good bounce that's it 21 EMA is also resistance need close above 21 ema for beautiful setup
NTPC- Intraday Buy ONLY above 93.25. Maybe carried fwd for a day, if required. TGT: 95.25 - 96 SL: Below 92.25 Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser. Had previously published intraday...