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.
Volume intensity is good in Breakout...
DATE: 1 AUG 2021
TIME FRAME: DAY
BUY ABOVE: 119
STOP LOSS: 115
TGT 01: 121
TGT 02: 124
TGT 03: -
INDICATORS FOR CONFIRMATION OF TREND
BOLLINGER BAND: BULLISH
PSAR: BELOW CANDLE
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your...
This stock is only for long term investors.
1 - Government company, which means your money is safe.
2- As we all know that Power has been a boost in last 2-3 years and government is investing good amount of money to generate clean electricity.
3 - Future is EV which means more demand and more sales.
4 - Good dividend payout history
5 - Good Fundamentals
NTPC forming small ascending triangle.
Following the channel.
Good ema18 support.
Expected breakout by this week or next week.
Breakout should take it at top of the channel.
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