#NTPC DAILY CHART VIEW
NTPC Ltd. pulled back to 61.8% Fibonacci zone 94 after a sharp rally.
If 94 is protected on the downside, the stock can move higher towards 97(mid bol ) & 108(upper bol band).
RSI near 50 & neutral.
Below 94, it can fall towards 84 (lower bol).
Volume on decline lower than volume in Rise.
NTPC Ltd. pulled back to 61.8% Fibonacci zone 94 after a sharp rally.
If 94 is protected on the downside, the stock can move higher towards 97(mid bol ) & 108(upper bol band).
RSI near 50 & neutral.
Below 94, it can fall towards 84 (lower bol).
Volume on decline lower than volume in Rise.
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