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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (April 22, 2024 – April 26, 2024)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 6.28%.

Technically, NTPC share price will see immediate support at 340.37 and immediate resistance would be seen at 363.37.

If NTPC share price closes below immediate support of 340.37, then sharp breakdown can be seen. NTPC share price will see major support at 330.18 for the week.

On the positive side, immediate resistance will be seen at 363.37. Closing above 363.37, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 376.18 for the week.

Trading range for NTPC share price for this week should be between 317.37 on down side and 386.37 on up side.

NTPC Previous Week High: 366

NTPC Previous Week Low: 343

NTPC Previous Week Range: 23 Points

NTPC share price support and resistance for the week (April 22, 2024 – April 26, 2024)

Level Type Value
Resistance 3 386.37
Resistance 2 376.18
Resistance 1 363.37
Support 1 340.37
Support 2 330.18
Support 3 317.37
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