Expecting To Witness a Bullish Move in NTPC

As per the 2 Hour Chart of NTPC LIMITED, we have witnessed a Formation of “Morning Star”.

Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 136.20, 138, and 140.10. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 133, on closing basis.
Closing Price (as on 19.01.22) : 134.70


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코멘트:

NTPC has successfully reached its predicted 1st level of Resistance, reflecting an upmove of 1.11% approx.