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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (September 04, 2023 – September 08, 2023)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 6.69%.

Technically, NTPC share price will see immediate support at 220.68 and immediate resistance would be seen at 236.18.

If NTPC share price closes below immediate support of 220.68, then sharp breakdown can be seen. NTPC share price will see major support at 210.67 for the week.

On the positive side, immediate resistance will be seen at 236.18. Closing above 236.18, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 241.67 for the week.

Trading range for NTPC share price for this week should be between 205.18 on down side and 251.68 on up side.

NTPC Previous Week High: 231.65

NTPC Previous Week Low: 216.15

NTPC Previous Week Range: 15.5 Points

NTPC share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 251.68
Resistance 2 241.67
Resistance 1 236.18
Support 1 220.68
Support 2 210.67
Support 3 205.18

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