NTPC-CMP 100.45 - Cup and handle pattern. It can go up to 109, 115, 121, 125 with a closing SL below 93.45. This is for educational purpose and any investment shall be done after consulting financial expert. Similar pattern has been noticed in case of Vodafone idea case around a month ago when it was at 10.05 and now it is 13.8 almost 38% rise in one month and...
NTPC break out 400 EMA min 15 % up from here.
NTPC took support from 97 range (blue line), marching towards 108(first target) Orange lines - Targets Blue Lines - Support zone
NTPC is looking good if it can sustain above 101 then the near term target can be 105 then 110 since it is a slow-moving stock, patience is always tested. Disclaimer-This is for educational purposes only.
08 January 2021 | NTPC Looks good above 100.60. Target open. SL 97
NTPC- CMP 100.15 . Cup and handle pattern is in formation. But it has got minor resistance at 101.6 f it crosses with good volumes then it can reach to the targets of 116.35 as per cup and handle pattern and 123.5 subsequently in longer time frame. SL can be 97 on CLBS and 94 on intraday basis. This is for educational purpose and if any trade is done it shall be...
#NTPC heading to 110 in next 2-3 sessions. #PlanYourTrades
Let NTPC break the black line and can enter short for a good 2-3 points.
Short as mentioned, rest is as per chart Note :- Entry - At the break of mentioned candle's low/high Stop Loss - In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades Trailing Stop Loss ( TSL ) - Mostly I trail stop...
Reasons- 1) PSU (lol) 2) Weekly trend is down. 3) Rejection from historic resistance. 4) Noob traders buy cheap stocks not knowing it's a falling knife. 5) Small stop with bigger profit targets. Kindly trade at your own risk. Good Luck ^_^
see all my publications if it seems to give you both knowledge and profit then only like, subscribe and refer to your near and dear. Note : Observe this in daily candle This is only for educational purpose, please consult financial adviser before investing the hard earned money. Thanks for my masters day trader telugu, trading panthulu and nayan pokarkar.