Buy NTPC Ltd For Target Rs.361 by Jainam Share Consultants
NTPC Ltd
Buy NTPC Ltd CMP 343 Price 343 Target 361 Stop loss 334 Holding Periond 1 Month
* The stock price close at Rs. 335.05 on 19 Aug, 2025
* Currently the stock has given bullish chart pattern formation which resemble as Cup & Handle chart pattern breakout on daily chart
* At present, the stock is trading above the 200-day Exponential Moving Average (EMA), indicating strong underlying support. The momentum indicator RSI is trending toward the 60 level, which reflects a bullish bias and suggests that the stock is currently in a positive phase
* We expect the stock price to continuo its current bullish momentum and head towards 361.00 levels considering the current price action
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
