Trendline Breakout
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
NHPC trade ideas
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
NHPC | Swing Long | R/R = 4.3> This is the only PSE stock which appeared to be having the best R/R
> Will consider to be strong if it sustains above A-VWAP: 41.75
> Volatility contraction happening - we might need to wait more time before eventual breakout in any direction.
> Need patience in this market
Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.
NHPC up side view.It will be best for me to take entry on NSE:NHPC once price retest level of 42.60.
Then hold the same positionally till three targets 43.45, 45.50 & 49.50
Will exit if price trade below level of 41 (only 1.60 point risk)
Note: This is my personal analysis, only for learning.
Thanks.
NHPC ROUNDING BOTTOM & MULTIYEAR # NHPC
Chart Time Frame: #MONTHLY
On All Time Frame (D/W/M) the Stock is about to give a Good Breakout of #ROUNDING BOTTOM Pattern & #MULTIYEAR after a long period of #10 years and it is also sustaining above the #Supply Zone from last 3 months which shows that any fall towards 35 will be a great opportunity to add the stock and fundamentals of the stock is also good and a good dividend paying Co.
So as per the Chart Stock looks Good for Long Position for Medium to Long Term as per the Levels given below:
CMP - 40.65 or BoD 35
Target 1 - 52
Target 2 - 62
Target 3 - 72 +
SL - 33.30
Holding Time Frame - Medium to Long Term
All charts posted here are only for EDUCATIONAL PURPOSE
NHPC - Bullish tradeMedium term trade -
Stock is giving a multi year decade long breakout
on big charts.
Stock is about to give a close above 34.50 on
monthly chart since 2010.
Stock is holding strong in this turbulent market.
To me, this is a meaningful breakout and as per
my experience, NHPC has potential to give 20-25%
gain in 6-9 months.
I am a buyer in this stock at CMP, and will add
more units as and when a dip comes around
31-32 levels. Trend is intact unless a closing
below 27 comes on weekly basis.
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.