NTPC LTD
Panjang

NTPC--Trendline Support??

456
This stock is trading near its trendline support
previously price bounces multiple times from the trendline.
Now we have to again look for buying opportunity in this stock for continuation.
we have to look this time will again bounce from the same trendline
or
price will grab the liquidity below this trendline and goes higher.
Find potential opportunities in this when price reaches these levels.
1st bounce is expecting at 340-345 levels.
On bottom side if price takes the liquidity, we have demand zone lies at 290 levels.
Find Long opportunities in this stock.

Penafian

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