NTPC (Weekly):
1. On Trendline Support
2. Forming a Symmetrical Triangle
3. Can go Long only after Breakout
4. Closing above 5, 13 Exponential Weekly Moving Average
NTPC (Daily):
1. Consolidating within Symmetrical Triangle
Addl Points:
1. FII/FPI have increased holdings from 13.48% to 14.54% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 18.37% to 17.75% in Dec 2021 qtr
Note:
The above analysis is for educational purpose.
1. On Trendline Support
2. Forming a Symmetrical Triangle
3. Can go Long only after Breakout
4. Closing above 5, 13 Exponential Weekly Moving Average
NTPC (Daily):
1. Consolidating within Symmetrical Triangle
Addl Points:
1. FII/FPI have increased holdings from 13.48% to 14.54% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 18.37% to 17.75% in Dec 2021 qtr
Note:
The above analysis is for educational purpose.