NHPC

After a fall of 34% from the High of 118.40, it took support at 77.50 for the 4th time forming a W pattern. we can see a slight volume pump. In last 3 trading session its consolidating in a range of 80.80 to 83.40, closing above 83.40 can get quick move till 85.00 where it can face resistance.

Daily closing above 85.00 will activate W pattern and we can target for 91.50 and 95 level with SL of 83.40