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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (December 18, 2023 – December 22, 2023)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 8.52%.

Technically, NTPC share price will see immediate support at 288.30 and immediate resistance would be seen at 314.45.

If NTPC share price closes below immediate support of 288.30, then sharp breakdown can be seen. NTPC share price will see major support at 271.50 for the week.

On the positive side, immediate resistance will be seen at 314.45. Closing above 314.45, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 323.80 for the week.

Trading range for NTPC share price for this week should be between 262.15 on down side and 340.60 on up side.

NTPC Previous Week High: 307

NTPC Previous Week Low: 280.85

NTPC Previous Week Range: 26.15 Points

NTPC share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 340.60
Resistance 2 323.80
Resistance 1 314.45
Support 1 288.30
Support 2 271.50
Support 3 262.15
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{"buy_point":[],"sell_point":[]}

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