NTPC may resume trend down again.

Last few days we witnessed a rally in NTPC from 109 levels, this rally seems to be more of corrective nature and halted at the KS line on daily chart. RSI is well placed into bearish zone and MACD is bearish too with no positive bias as of now.
BANKNIFTYbharatjhunjhunwalaChart PatternsichimokukinkohyoTechnical IndicatorsNIFTYNTPCoptions-strategyprorsiRelative Strength Index (RSI)Trend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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