NHPC ROUNDING BOTTOM & MULTIYEAR
#NHPC
Chart Time Frame: #MONTHLY
On All Time Frame (D/W/M) the Stock is about to give a Good Breakout of #ROUNDING BOTTOM Pattern & #MULTIYEAR after a long period of #10 years and it is also sustaining above the #Supply Zone from last 3 months which shows that any fall towards 35 will be a great opportunity to add the stock and fundamentals of the stock is also good and a good dividend paying Co.
So as per the Chart Stock looks Good for Long Position for Medium to Long Term as per the Levels given below:
CMP - 40.65 or BoD 35
Target 1 - 52
Target 2 - 62
Target 3 - 72 +
SL - 33.30
Holding Time Frame - Medium to Long Term
All charts posted here are only for EDUCATIONAL PURPOSE
Chart Time Frame: #MONTHLY
On All Time Frame (D/W/M) the Stock is about to give a Good Breakout of #ROUNDING BOTTOM Pattern & #MULTIYEAR after a long period of #10 years and it is also sustaining above the #Supply Zone from last 3 months which shows that any fall towards 35 will be a great opportunity to add the stock and fundamentals of the stock is also good and a good dividend paying Co.
So as per the Chart Stock looks Good for Long Position for Medium to Long Term as per the Levels given below:
CMP - 40.65 or BoD 35
Target 1 - 52
Target 2 - 62
Target 3 - 72 +
SL - 33.30
Holding Time Frame - Medium to Long Term
All charts posted here are only for EDUCATIONAL PURPOSE
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