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Published on 20/06/2019 9:21:44 AM | Source: Religare Securities Ltd

Buy NTPC Ltd For Target Rs. 142 - Religare Sec

Posted in Broking Firm Views - Short Term Report| #NTPC Ltd #Power Sector #Trading Report #Religare Securities Ltd

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NTPC Limited (NTPC)

NTPC has been showing strength despite weak broader markets and holding strongly above the support zone of multiple moving averages. The prevailing chart formation is indicating possibility of fresh up move in near future. We advise initiating fresh longs as per the mentioned levels.

 

Recommendation

Buy NTPC Ltd @134-135 Stoploss 131 Target 142 CMP 134.65

 

 

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