NTPC BUY for 7-8% upmoveNTPC looks good at CMP need confirmation with one green candle
if it sustains then it can easily give 10%
stop loss of 100/99 levels
NTPC trade ideas
ntpc will fall down or not i am a new trader pls some one confirm that my analysis is correct or not
1.its forming an wedge pattern and moving down words
2. it have taken a resistance at 108.15 and start to fall down
3.the wedge patter is supporting both day and week chart time frame
4. And RSI touched 80 over brought zone
NSE:NTPC
NTPC - Intraday Technical AnalysisHi Traders,
From the kind of support am getting from my recent publishes, am guessing u want more short term analysis. Or maybe you dont want this kind of technical analysis and its better to stop what am doing and concentrate more on my trading. So this might be the last post on Indian stocks.
We have a bullish bias on this stock because of the breakout we had last week.
It seems price would honor the trendline in hourly chart, and we have a key level at 102.70. So price can continue upwards after testing the trendline or the key level at 102.70. We suggest a buy entry only if you get price structure in the lower timeframe.
Since we have the weekly trendline passing through the golden zone, we expect the maximum drawdown can be till this level.
Hoping this was useful. For queries pls feel free to comment.
Happy Trading
NTPC - Complete Technical AnalysisHi Traders,
This stock will provide some buying opportunities in coming days.
As we breakdown the chart, the price has broken through the weekly inner trendline in confluence with the break of SMA 50. This is a good indication that price will test the outer trendline .
The weekly chart formed a double bottom pattern and broke above the neckline, that's another reason to buy this stock.
A thing of concern about this stock is that we have a golden zone between 109.50 - 118.00 level, where price can move in a range before testing the outer trendline .
We should expect some drawdown as price can retest the broken levels. we have strong support at the neckline of double bottom and at the inner trendline .
A break above 130.40 levels marks the end of a 2 year long downtrend, and we will have a bullish outlook on this stock for at least a year and half.
For this kind of complete technical analysis msg me the stocks that u would like to have complete technical analysis .
Pls Like and follow .
Happy Trading.....
NTPC ::: BREAKOUTDATE: 20 AUG 2020
INSTRUMENT: NTPC
INDICATORS: DAY
PSAR: BULLISH
STOCHASTICS: BULLISH
200 DMA: 101.60
INDICATORS: WEEK
PSAR: BULLISH
STOCHASTICS: BULLISH
INDICATORS: MONTH
PSAR: BULLISH
STOCHASTICS: BULLISH
CMP: 101.10
BUY: 102.60
TGT . 01: 106.68
TGT . 02: 111.76
RISK DISCLOSURE :
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
NTPC Looking Bullish on Chart & Good For Long RunHello There,
Greetings Form Team UD Trade..
This is short evaluation on NTPC (Chart Idea) As per current chart analysis we can expect good up trend in comming days, if you are looking for investment for a month this will be the best option from you. also you can expect tarfet with the levels 100 (First Target Within 2 weeks) 113 (Target 2 Within month) and if you want to make more profit in this you can go with the same flow.. Due to market downtrend this script is now below average price point do not miss this opportunity.. if you don't want to invest just do paper trade and wait for one month from today and comment below after one month with the LTP.
Hope this analysis will help you to make good profit as a positional trade..
Thanks
Team UD Trade
NTPC at its supportNTPC has reached its support and likely to bounce back. One can go into trade with target of 95-100 and stoploss at 84.
MTPC Looking Bullish And Good For Long RunMy India Vodafone,
Hello There,
Greetings Form Team UD Trade..
This is short evaluation on NTPC (Chart Idea) As per current chart analysis we can expect good up trend in comming days, if you are looking for investment for a month this will be the best option from you. also you can expect tarfet with the levels 100 (First Target Within 2 weeks) 113 (Target 2 Within month) and if you want to make more profit in this you can go with the same flow.. Due to market downtrend this script is now below average price point do not miss this opportunity.. if you don't want to invest just do paper trade and wait for one month from today and comment below after one month with the LTP.
Hope this analysis will help you to make good profit as a positional trade..
Thanks
Team UD Trade
NTPC price at support zoneprice at support looks good ,
we have really good triangle setup need good bounce that's it
21 EMA is also resistance need close above 21 ema for beautiful setup
Wait for Trend line to break #NTPC #NiftyJust need to wait for trend line to break with volume support as 3 Candles of 4 Hours has shown sign of recovery and reversal,could be sharp upwards move as last 12 hours buyers are in control fro the stock.
Intraday Short | NSE:NTPC | Valid for 27th July 2020 OnlyIntra day short opportunity on NTPC
Entry: 90.35
Stop Loss: 91.25
Target: 88.55
Valid till 27th July 2020, don't carry forward the position
99.50 next or 15% from here .. Followed the path i thought it would and reloaded at 86.15 now looking for it to try and reclaim its uptrend line which i feel it should and carry on to 104.25 and most likely try for 116 which would be wicked however going to play this level by level and expecting a pull back from 99.50.
Hope it gets its groove on from here quick otherwise may cut this loose since i see some other tempting setup's.
SL 84.65
Cheers!
NTPC WEAK NTPC looks weak as per daily TF
shorted @ 89.70 with sl 91.30 , tgt of 85
trading is highly risky business
above trades are no tips , they are my observation
any trade taken will be your own risk
i am not responsible for any profit or loss
If you looking to trade with such confidence get in touch .
