NSE:NTPC
NTPC (National Thermal Power Corporation) Ltd and its affiliated companies are mainly responsible for producing and distributing large amounts of electricity to state power utilities. The group also offers consultation, project management and supervision, energy trading, and exploration of oil and gas as well as coal mining.
The company's power plants...
Strong Buy Above 150, T1 - 170, T2 - 185, T3 - 201, T4 - 218, T5 - 233, T6 - 242.......... STRICT STOP LOSS below 137.
PLEASE NOTE : If it makes new all time high then keep trailing SL from 240.
NTPC has given breakout with very good intensity of volume and also can do breakout 13 years resistance trendline, which is located near 135 zones, all parameters are pretty good for long buyers. all the key levels are mentioned in chart with Stop-loss and targets.
Key Levels
Volume intensity is good in Breakout candle
Macd in daily positive crossover and...
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...
