NTPC Bullish Flag Chart Pattern

NTPC is forming a bullish flag pattern on daily chart. The stock has been in a slight downward consolidation zone trading between 130-140 for past four months. Now the stock is showing strong signs of reversal in the direction of the dominant long-term trend. The stock could easily cross 160 mark in next two weeks. Even end up at somewhere around 165 - 168 to be precise.
Bullish FlagChart PatternsTechnical IndicatorsNTPCTrend Analysis

Penafian