NTPC 130.65
RESISTENCE AT 78.6 % FIBO
This stock is trading in the Upward sloping Channel since June. And now 145 is the next ultimate resistence for this stock. 145 is valid one as long as it satys above 124 (redmark) and now resisting at 133. The next resistence is at 138 and then 145. As i mentioned the level of 124 along with it this stock will have to maintain the running Uptrend Sloping Channel. By applying leading indicators this will try to test 124 level before it moves further up.
RESISTENCE AT 78.6 % FIBO
This stock is trading in the Upward sloping Channel since June. And now 145 is the next ultimate resistence for this stock. 145 is valid one as long as it satys above 124 (redmark) and now resisting at 133. The next resistence is at 138 and then 145. As i mentioned the level of 124 along with it this stock will have to maintain the running Uptrend Sloping Channel. By applying leading indicators this will try to test 124 level before it moves further up.
posted by Naveen Pantera at 8:54 PM
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