NTPC ( DAILY ) - Elliot Wave Analysis
Buy above 93.6
Target 103
SL 88
REASONING
Wave 1 :- 78.10 ( 14th Oct '20) till 93.6 ( 11th Nov '20) [ 15.5]
Wave 2 :- 93.6 till 88 ( 19th Nov '20 )
Wave 3 target = 88 + 15.5
= 103.5
OSC 5,35 > 0
Wave 3 in occurrence
Buy above 93.6
Target 103
SL 88
REASONING
Wave 1 :- 78.10 ( 14th Oct '20) till 93.6 ( 11th Nov '20) [ 15.5]
Wave 2 :- 93.6 till 88 ( 19th Nov '20 )
Wave 3 target = 88 + 15.5
= 103.5
OSC 5,35 > 0
Wave 3 in occurrence
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.