NTPC Breakout Retest Confirmation on Weekly

٢٢ يناير ٢٠٢٢

NTPC broke out of its decade long weekly resistance line in Sep'21. The breakout was supported by push in volume. The stock did a retest of the trend line and has now started its journey toward the direction of the breakout.
Longs may be initiated in 119-137 zone with targets of 155/190. Stop loss below 119.