Stock of the day: Buy NTPC Ltd For Taget Rs.192 - Religare Broking
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NTPC Ltd
* We are seeing mixed trend in the energy space and NTPC is holding strong.
* It has been trading in a narrow band for last seven months, after resting its record high.
* The chart pattern indicates the consolidation to end soon.
* We thus recommend creating fresh longs in the mentioned range.
Technical Chart : Daily
Buy NTPC Ltd CMP 177.35; Range 177-179; SL 172; Target 192
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