NTPC has formed a triangle pattern and breakout has happened currently. High volume and bullish trend gives confidence on this breakout. Can make entry if tomorrow (10 july 2021) candle is bullish. Stoploss would be at 114 if price moves below breakout. Target, we can hold the stock until trend reversal sign is seen.
NTPC – Ascending traingle
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Stock Analysis
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Bullish View
Bearish View
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Hi,
Thanks for posting your analysis.
🙂