Stock of the day : NTPC Limited For Target Rs.395 - Religare Broking
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NTPC Limited
* NTPC is set to resume its upmove after being it in the consolidation phase for last few weeks.
* It has formed a fresh buying pivot holding above its short term moving average i.e. 20 DEMA.
* Following price action and uptick in volumes, price look set to surpass its previous swing high.
* Traders can consider fresh longs in the mentioned range.
BUY NTPC Limited.CMP 377.15 Range 376-378 SL 367 Target 395
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