pradipandsuvra

NTPC looks bullish above 164 only

Long
NSE:NTPC   NTPC LTD
A classical Cup=and-Handle pattern is just completed. Volume is not that great, but moderately OK. The current level where it is closed is near a good resistance level. Trend is clearly up.

If if breaks about the high of 164, boom. SL : 156. (Target: Honestly I am not getting .. going back to the chart not helping me).

Just keep an watch on this .. if it goes above 164 (with higher volume that today), just go long.



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