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MARKET OUTLOOKNTPCSTOCK OUTLOOK

NTPC Outlook for the Week (March 18, 2024 – March 22, 2024)

NTPC
NTPC
NTPC closed the previous week on a negative note losing 13.42%.

Technically, NTPC share price will see immediate support at 296.98 and immediate resistance would be seen at 344.38.

If NTPC share price closes below immediate support of 296.98, then sharp breakdown can be seen. NTPC share price will see major support at 277.67 for the week.

On the positive side, immediate resistance will be seen at 344.38. Closing above 344.38, NTPC share price will see a sharp breakout. Major resistance for NTPC share price will be seen at 372.47 for the week.

Trading range for NTPC share price for this week should be between 249.58 on down side and 391.78 on up side.

NTPC Previous Week High: 353.15

NTPC Previous Week Low: 305.75

NTPC Previous Week Range: 47.4 Points

NTPC share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 391.78
Resistance 2 372.47
Resistance 1 344.38
Support 1 296.98
Support 2 277.67
Support 3 249.58
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