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01-01-1970 12:00 AM | Source: LKP Securities Ltd
LKP Spade : Buy NTPC Ltd For Target Rs.189 - LKP Securities
News By Tags | #2951 #115 #657 #3050

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NTPC LTD (NSE SYMBOL: NTPC | BSE CODE: 532555)

* The stock has given a strong breakout on the daily chart after a consolidation phase with a rise in volumes.

* The stock has been a stable mover in a weak market and has been forming higher low higher high formations on the lower time frame.

* The momentum indicator RSI has crossed the level of 60 which confirms the strength of the stock.

 

 

Buy NTPC LTD @173 CMP Rs. 1325; Stop Loss Below Rs. 164.5 CB; Target Rs 181.5/189; Duration 1 Week

 

 

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