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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (October 02, 2023 – October 06, 2023)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 6.30%.

Technically, NTPC share price will see immediate support at 236.97 and immediate resistance would be seen at 252.82.

If NTPC share price closes below immediate support of 236.97, then sharp breakdown can be seen. NTPC share price will see major support at 228.38 for the week.

On the positive side, immediate resistance will be seen at 252.82. Closing above 252.82, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 260.08 for the week.

Trading range for NTPC share price for this week should be between 221.12 on down side and 268.67 on up side.

NTPC Previous Week High: 251.5

NTPC Previous Week Low: 235.65

NTPC Previous Week Range: 15.85 Points

NTPC share price support and resistance for the week (October 02, 2023 – October 06, 2023)

Level Type Value
Resistance 3 268.67
Resistance 2 260.08
Resistance 1 252.82
Support 1 236.97
Support 2 228.38
Support 3 221.12
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{"buy_point":[{"en_ltd":"2023-09-29","en_sup_p_91":"243.38","en_sup_t_91":"239.49","prev_close":"237.05","en_close":"245.55","new_date":"Sep 29","prev_close_no":237},{"en_ltd":"2023-08-21","en_sup_p_91":"217.71","en_sup_t_91":"212.93","prev_close":"215.15","en_close":"218.80","new_date":"Aug 21","prev_close_no":215}],"sell_point":[{"en_ltd":"2023-09-28","en_sup_p_91":"237.33","en_sup_t_91":"243.38","prev_close":"239.30","en_close":"237.05","new_date":"Sep 28","prev_close_no":239}]}

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