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NTPC Breakout Retest Confirmation on Weekly

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NSE:NTPC   NTPC LTD
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.

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