Monday, 7 July 2014

Intraday Idea:

Risky level: high

NTPC:

Buy

Resistance level: 159.20/160(If 159.40 level is crossed then use 159.20 as stoploss)
Support level : 158.50/158 (use the second support level as stoploss)

If the uptrend continues the resistance levels are 161.30/162.30.(Keep the Stoploss level between 160 and 161)



(If the trend reverses and it breaches 158, then SELL at 157.80 with a target of 157.20/156.80.)

No comments: