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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (August 21, 2023 – August 25, 2023)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 3.64%.

Technically, NTPC share price will see immediate support at 211.37 and immediate resistance would be seen at 219.37.

If NTPC share price closes below immediate support of 211.37, then sharp breakdown can be seen. NTPC share price will see major support at 207.58 for the week.

On the positive side, immediate resistance will be seen at 219.37. Closing above 219.37, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 223.58 for the week.

Trading range for NTPC share price for this week should be between 203.37 on down side and 227.37 on up side.

NTPC Previous Week High: 219.8

NTPC Previous Week Low: 211.8

NTPC Previous Week Range: 8 Points

NTPC share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 227.37
Resistance 2 223.58
Resistance 1 219.37
Support 1 211.37
Support 2 207.58
Support 3 203.37

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