NTPC Outlook for the Week (December 16, 2024 – December 20, 2024)
NTPC closed flat on Weekly basis.
Technically, NTPC share price will see immediate support at 359.28 and immediate resistance would be seen at 377.43.
If NTPC share price closes below immediate support of 359.28, then sharp breakdown can be seen. NTPC share price will see major support at 349.07 for the week.
On the positive side, immediate resistance will be seen at 377.43. Closing above 377.43, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 385.37 for the week.
Trading range for NTPC share price for this week should be between 341.13 on down side and 395.58 on up side.
NTPC Previous Week Open: 363.65
NTPC Previous Week High: 375.15
NTPC Previous Week Low: 357
NTPC Previous Week Close: 369.5
NTPC Previous Week Range: 18.15 Points
NTPC share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 395.58 |
| Resistance 2 | 385.37 |
| Resistance 1 | 377.43 |
| Support 1 | 359.28 |
| Support 2 | 349.07 |
| Support 3 | 341.13 |
