2024-09-02 10:49:47 am | Source: Religare Broking
Stock of the day : NTPC Ltd For Target Rs. 440 - Religare Broking
NTPC Ltd
* We are seeing noticeable traction in power related stocks and NTPC has witnessed a fresh upward momentum.
* The stock has been in a sideway consolidation after hitting all time high, near its previous breakout zone.
* It has now experienced a breakout from trend continuation pattern with supportive volumes directing a potential move on the upside.
* Thus one can consider longs in the mentioned range.
Buy NTPC Ltd CMP 416.20 Range 413-417 SL 403 Target 440
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