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.
NTPC breakout near 94 and hit all targets done in style.. gave near 14% returns in 16 days.. updating late
NTPC CMP 98.55, Can go to 107 and 114 by Jan 21 with a sl of 92. It is purely for educational purpose and consult your financial adviser for any investment decision.
NTPC CMP-102.4, Channel breakout. On last working day it made huge volumes of around 2.5 times previous volumes with a price rise of 5% and OI rise of around 2%. MACD and RSI are also indicating positive. Option chain indicates good support at 100 as calls are cut and puts are added till 100 significantly and also reduction in calls are happening at 105 also. It...
PRICE ACTION TRANGLE PATTERN BREAKOUT TAKE LONG
NTPC given breakout from daily time frame
weak in short term, might touch 95 and then again will test 100 and if able to cross then up up
Candle Reaching inside the SC and free flows through the entire Candle Range
NTPC on verge of break out of channel. Volumes in Last trading session are huge along with good future OI build up. It taken support at 9 EMA intraday and went up. Can be bought at support of 9 EMA and can wait for break out, can look for a target of 100 and 108 in near term with a sl of 87.
NTPC formed cup and handle pattern.. looks good for short term.. safe can buy above 97.. keep sl as per ur setup
NTPC ( DAILY ) - Elliot Wave Analysis Buy above 93.6 Target 103 SL 88 REASONING Wave 1 :- 78.10 ( 14th Oct '20) till 93.6 ( 11th Nov '20) Wave 2 :- 93.6 till 88 ( 19th Nov '20 ) Wave 3 target = 88 + 15.5 = 103.5 OSC 5,35 > 0 Wave 3 in occurrence
An inverse Head and Shoulder already formed in NTPC and now its consolidating which is usually a good sign, do keep this stock in your watchlist .
here we see inverted Head & Shoulder Pattern. by which we estimate that in upcoming trading sessions..... there is the upward move !!! this estimation based on Price Action and Patterns.
it has formed a head and shoulders pattern on 15min timeframe, rejecting the above resistance around 90, can look for shorting opportunity around its neckline which is at 87.40, or can short around level of 87 from where there is a gap stretching till 86 which can be filled out if it shows bearish signal and follows the pattern