NTPC Closes at 142.70 with a gain of +1.10% on 28 Nov 2014 with formation of a Small Green Candle on Daily Price Chart with Huge Delivery Volume of 76.85% .Technically, NTPC is Looking Strong on Daily Charts & It is entering into a Bullish Trend. Major Momentum Indicators are showing strengths on Daily Price Chart.
We Recommend to BUY : NTPC at CMP
Target : 148.45/154.40
Stop: Loss : 137.30
Time Frame: 5-15 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 & Indian Economy. We use Ami Broker Charting Software (V-5.63), Pattern Explorer (V-5.65)& AmiTools-Power Scan(V-1.3.7).You can reach the Chartist here mail@niftynext.com Or Tel /SMS: +91 880 2230 836.
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