Sunday, June 19, 2011

NTPC- A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


NTPC closes  at 178.90  with a gain of + 1.1%   on 17 June 2011 with formation of Long White Candle on Daily  Price Chart. Technically, NTPC is  looking extremely Bullish  on Charts. Major Momentum Indicators are in Bullish zone. Buyer-Seller Force Index,RSI, Ultimate Trend Cycle & Twinggs Money Flow & TAIO are gaining momentum on   Daily Price Chart.
We Recommend to BUY  -NTPC   at CMP
Target- 197/228
Stop-Loss – 164
Time Frame- 5-20 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.com .
Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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