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BharatJhunjhunwala

NTPC may resume trend down again.

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NTPC LTD (NSE:NTPC)  
BharatJhunjhunwala  
NSE:NTPC   NTPC LTD
Trend Analysis Chart Patterns Technical Indicators NTPC NIFTY BANKNIFTY Relative Strength Index (RSI) ichimokukinkohyo bharatjhunjhunwala prorsi options-strategy
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trendanalysis chartpattern indicator ntpc nifty banknifty relativestrengthindex ichimokukinkohyo bharatjhunjhunwala prorsi options-strategy
Last few days we witnessed a rally in NTPC from 109 levels, this rally seems to be more of corrective nature and halted at the KS line on daily chart. RSI is well placed into bearish zone and MACD is bearish too with no positive bias as of now.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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