NTPC Closes at `141.95 with a FAll of -0.50% on 28 April 2013 with formation of a Small
Black Candle on Daily Price Chart with Huge
Delivery Volume .Technically, NTPC
is Looking Weak
on Daily Charts. Major Momentum Indicators Like HACO, Heikin Ashi Indicator &
Schaff Trend Cycle are Showing Weakness on
Daily Price Chart.
We Recommend to BUY / SELL / ACCUMULATE:
NTPC at CMP
Target : `137.30/122.2575.53/90
Stop: Loss :`144.35
Time Frame: 5-25 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 at M/S Durgapur Holdings in
Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) &
In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We
use Ami Broker Charting Software (V-5.63), Pattern Explorer (V-4.25)& AmiTools-Power Scan(V-1.3.6).You can reach
the Chartist here mail@niftynext.com Or Tel : +91 80171 98633 Or SMS: +91 880 2230 836.
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