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NTPC Breaks Out from Symmetrical Triangle (Bearish)

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NTPC LTD. (BSE:NTPC)  
NeeteshJain  
BSE:NTPC   NTPC LTD.
Symmetrical Triangle breakout NIFTY NTPC Energy Commodities
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symmetricaltriangle breakout nifty ntpc energy
On hourly chart, the price action breaks out from symmetrical triangle at the last hour of trading indication bearishness and dominance of sellers. It shall further go down on Monday.

Target:155
Stoploss 161
Duration 1-2 days

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Penafian

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