NSE NTPC has formed a corrective triangle of wave ((B)) on the daily timeframe chart. The price completed wave (E) at 323.65 and has started rising into a new impulsive cycle. We can see that the price has penetrated near wave (D) and broken out above the upper band of the channel.
Unlock This ArticleNSE HINDPETRO – Bullish outlook
NSE HINDPETRO looks strongly up after a long fall on the daily timeframe. A buy signal came when the moving averages crossed. The stock had high buying volume, which is a good sign. It has broken its resistance at 441. ATR 8.97 with ADX 33.68 indicates a strong trending move with moderate volatility.
If the price sustains above 432.5, traders can buy for the following targets: 444.9 – 458 – 472+.
Free subscribers can take the previous day’s low as an invalidation level.
Unlock This ArticleNSE BLACKBUCK – Will Bulls Break 638 Next Week?
NSE BLACKBUCK has formed a corrective formation on the daily timeframe chart. The price is facing strong resistance at 638, which can be a crucial signal for the bullish scenario. The price is trading above the 200 and 100 EMAs, indicating sustained strength and the possibility of an upward continuation if resistance is breached.
If the price sustains above 622.5, traders can buy for the following targets: 642.5 – 660.8 – 679.5+.
Free subscribers can take the previous day’s low as an invalidation level.
Unlock This ArticleNSE POONAWALLA – Ready to Cross 525+
NSE POONAWALLA has formed a tight range on the daily time frame chart. The pattern can also be classified as a cup and handle after a 12% rise. The ADX has risen to 30.95, indicating strengthening momentum and the potential for a breakout. The price is trading above 100 & 200 EMA.
If the price sustains above 495, traders can buy for the following targets: 504 – 513.5 – 525+.
Free subscribers can take the previous day’s low as an invalidation level.
Unlock This ArticleNSE RBLBANK – High-Confidence
Unlock This ArticleNSE USHAMART – Exclusive Setup
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So are you aiming for new all time highs in ntpc
I totally agree, nice post. Love to know more about itc and powergrid
High market interest seems to be driving positive sentiment on stock prices. 👍👍👍
Strong momentum 🚀 🚀 🚀
also worth watching earnings + macro flows, record highs often test conviction