NTPC

📈 Trade Setup: BUY at 338
Parameter Value
Entry Price 338
Stop Loss (SL) 323
Risk 15
Target 494
Reward 156
Risk:Reward (RR) 10.4
Last High 448
Last Low 292

✅ Trade Interpretation
Entry Zone (338) is exactly at Weekly & Daily Demand.

SL (323) is just below this demand zone – protects from fake breakdowns.

Target (494) is ambitious, well above the previous high of 448, suggesting a potential breakout trade.

Risk-Reward Ratio (10.4) is exceptional – highly favorable trade.

📌 Key Observations
Stacked Demand Zones across all timeframes (from 323 to 338) give confidence in entry.

Momentum alignment across all timeframes (HTF, MTF, ITF) → indicates trend continuation.

Target (494) is logical if price breaks above last high (448) – breakout + momentum.

🔔 Suggested Strategy:
Entry near 334–338 zone, preferably on a bullish confirmation candle.

Trail SL once price crosses 360–380 range (monthly midpoint).

Partial booking near 448, and hold for extended target 494 if strength continues.

🔍 Multi-Timeframe (MTF) Analysis – NTPC
🔸 Higher Time Frame (HTF)
Trend: Strong UP across all (Yearly, Half-Yearly, Quarterly)

Key Demand Zones:

Yearly & Half-Yearly: 315–292 (Avg ~305)

Quarterly: 393–296 (Avg: 345)

HTF Average Demand Zone: 341–295, Avg 318

Interpretation: Robust long-term support zones, especially with demand logic and breakout structures forming.

🔸 Medium Time Frame (MTF)
Trend: All UP (Monthly, Weekly, Daily)

Zones:

Monthly: 360–296 (Avg: 328)

Weekly: 338–323 (Avg: 331)

Daily: 338–323 (Avg: 329)

These are all tightly stacked → indicates strong short- to mid-term support at 323–338.

🔸 Intraday Time Frame (ITF)
Trend: All UP (240M, 180M, 60M)

All have the same zone: 334–323 (Avg: 329)

Supports the entry zone very well — short-term traders are aligned with higher timeframe momentum.