NTPC BREAKOUTDisclaimer- The risk of loss in trading stock, future,forex and option is substantial and losses may exceed initial investments. Past performance,wherther actual or simulated, is not indicative of future results. By viewing this video you agree that decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction, specifically you. and Wealth Depth or this Youtuber is not responsible for your decisions or their consequences. This Video is for educational purpose only.
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NTPC trade ideas
NTPC : Volatility & Momentum Build UpNTPC Stock on Daily TF today gives preside breakout on BB. stock was traded on very narrow range from Nov.22 and today breakout with high volume. Volatility Increase and Momentum on daily, weekly & Monthly basis is very strong and supportive to stock going upside.
Entry : CMP
SL : 169
Upside Move : 178,180
NTPC - Consolidation BreakoutNSE: NTPC is closing with a consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
NTPCNSE:NTPC
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
NTPC - TRENDLINE BREAKOUT 📊 Script: NTPC (NTPC LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY INFRASTRUCTURE
📊 Sector: Power
📊 Industry: Electric Utilities
📈 Trend line was working as resistance which is 152.
📈 NTPC has given breakout of trendline in hourly and daily charts.
📈 Right now RSI is around 70.
🟢 Target 🎯🏆 - 174
⚠️ Stoploss ☠️🚫 - 149
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.