Channel Breakout and retest done.Stock Analysis: NHPC has broken the channel and retest done, expected to reach the given target.
let see..
Happy Investing!
NHPC trade ideas
NHPC Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below support zone & the lower trendline. The target is placed near all time high based on fundamentals.
NHPC Nearing Key Resistance Look Out! (NHPC, 1D)Analyzing the Weekly and Daily Charts, NHPC is near its critical resistance zone. Go Long once it breaks the zone, or short for a reversal thereon.
