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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (March 25, 2024 – March 29, 2024)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 5.79%.

Technically, NTPC share price will see immediate support at 312.95 and immediate resistance would be seen at 331.90.

If NTPC share price closes below immediate support of 312.95, then sharp breakdown can be seen. NTPC share price will see major support at 301.15 for the week.

On the positive side, immediate resistance will be seen at 331.90. Closing above 331.90, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 339.05 for the week.

Trading range for NTPC share price for this week should be between 294.00 on down side and 350.85 on up side.

NTPC Previous Week High: 327.25

NTPC Previous Week Low: 308.3

NTPC Previous Week Range: 18.95 Points

NTPC share price support and resistance for the week (March 25, 2024 – March 29, 2024)

Level Type Value
Resistance 3 350.85
Resistance 2 339.05
Resistance 1 331.90
Support 1 312.95
Support 2 301.15
Support 3 294.00
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