24-09-2024 10:03 AM | Source: Religare Broking
Stock of the day : NTPC Ltd For Target Rs. 455 - Religare Broking

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NTPC Ltd 

* NTPC exhibits a clear uptrend by maintaining a series of higher highs and higher lows.

* It has formed a fresh buying pivot from an elevated base which suggests the positive momentum to continue.

* The recent price-volume activity and buoyancy in the energy space further compliments the bullish bias.

* Traders can consider longs in the mentioned range.

 

Buy NTPC Ltd CMP 428.35 Range 426-429 SL 414 Target 455

 

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