Thursday, March 5, 2009

NTPC | WAIT and WATCH, a GOOD stock.



NTPC Information

As on 05-MAR-2009

Open

180.00

High

181.20

Low

171.00

Last Price

172.80

Prev. Close

179.85

Change

-7.05

% Change

-3.92

Average Price

174.59

Total traded quantity

7935026

Turnover in Rs.Lakhs

13853.76


 

 

Moving Average Crossover Chart Pattern

NTPC chart shows 30 DMA going below 50 DMA

Price may go below further, RSI also not suggestive. Current support 170.

It is one of those stock which stood strong against this bear run. It will feel pressure.

But will not touch its 52week low of 113, but may touch the level below 150.

 

WAIT and WATCH, a GOOD stock.

 

 

 

 

Thanks & Regards

 

Aditya Kachru

 

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