Tuesday, 31 May 2016

Trading view on NTPC for week starting 30/05/2016

Bullish Possibility: 


NTPC stock daily chart
NTPC Daily Chart


Summary: 

1) Nice cup and handle pattern on NTPC daily chart. Breakout above 148.5. Hence go long above 148.5 with SAR at 147. Filter considered = Rs 1.5/-
2) Also trading above 50 and 200 daily MA.

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