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BharatJhunjhunwala

NTPC - Corrective pullback ending soon?

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NTPC LTD (NSE:NTPC)  
BharatJhunjhunwala  
NSE:NTPC   NTPC LTD
Technical Indicators Wave Analysis Trend Analysis NTPC trading Technical Analysis stoploss rsi_oversold rsi_divergence
2
0
indicator waveanalysis trendanalysis ntpc trading technicalanalysis stoploss rsi_oversold rsi_divergence
The stock seems to be into a corrective pullback. The RSI is halted near 60 levels and curled down. The correction may take the shape of ABC pattern. Breaking of the upward sloping channel will confirm the pattern.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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