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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (February 26, 2024 – March 01, 2024)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 5.01%.

Technically, NTPC share price will see immediate support at 329.55 and immediate resistance would be seen at 347.00.

If NTPC share price closes below immediate support of 329.55, then sharp breakdown can be seen. NTPC share price will see major support at 321.35 for the week.

On the positive side, immediate resistance will be seen at 347.00. Closing above 347.00, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 356.25 for the week.

Trading range for NTPC share price for this week should be between 312.10 on down side and 364.45 on up side.

NTPC Previous Week High: 348.05

NTPC Previous Week Low: 330.6

NTPC Previous Week Range: 17.45 Points

NTPC share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 364.45
Resistance 2 356.25
Resistance 1 347.00
Support 1 329.55
Support 2 321.35
Support 3 312.10
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{"buy_point":[{"en_ltd":"2024-02-15","en_sup_p_91":"329.73","en_sup_t_91":"325.26","prev_close":"328.00","en_close":"339.25","new_date":"Feb 15","prev_close_no":328},{"en_ltd":"2024-01-25","en_sup_p_91":"312.61","en_sup_t_91":"303.53","prev_close":"308.85","en_close":"314.75","new_date":"Jan 25","prev_close_no":308}],"sell_point":[{"en_ltd":"2024-02-09","en_sup_p_91":"327.36","en_sup_t_91":"337.06","prev_close":"330.90","en_close":"324.90","new_date":"Feb 9","prev_close_no":330},{"en_ltd":"2024-01-17","en_sup_p_91":"310.24","en_sup_t_91":"318.52","prev_close":"311.50","en_close":"309.30","new_date":"Jan 17","prev_close_no":311}]}

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