NTPC trade ideas
BUY oppertunity for NTPChey guys...
the time has come to buy ntpc stock
this stock was moving in a fixed trend
after a long period of time
this stock has broken that trend
and moved in straight uptrend
but now this stock has retested
and we can see a long green candle
which is motivating us to buy that stock
therefore guys , try to buy this stock and earn great returns
BUT FIRST CONSIDER THE GLOBAL SITUATION THAT IS INFLATION, WAR BETWEEN UKRAINE AND RUSSIA
AND THE INCREASING BANK RATES
after considering you can buy this stock
and get good returns
😀😀
and guys , pls comment guys that u liked my analysis or not
so that I can improve my analysis
😀
NTPC - long tradeStock is outperforming Nifty, trading in an upward trend line. Nearest support is at 130 that could be SL for short term swing traders. Medium term Investors can keep.a SL of daily closing below 120.
Increase your positions above 142 daily closing and look for 155 as your first target. We can revisit at that level.
CAN SHORT NTPC FOR SHORT TERMObserve the Price Action of NTPC after it breaks slanted Head and Shoulder Pattern. Bearishness intensifies after the Break down. Just observe the Price Movement after it breaks down.
Disclaimer: I am not Sebi Registered Analyst, i am not responsible for your profits or losses. These are not trading Ideas but Just observe and Learn from these Ideas.