NTPC Limited

NTPC Swing and short positional views

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We can see in H1 chart, after 80% Fibonacci retracement taking, chart has formed H1 CHoCH (change of character). So, it ensure bullish market view started. After hitting H1 OB(order block) market has formed internal CHoCH (i-Ch) which reinforces bullish view. So, at this moment aggressive trader take market price long position and Safe trader will wait for internal inducement (i-X).
We can expect 5-6% profit in swing trading and 15-20% profit in short positional investment.

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