The stock shows potential to hit ₹ 374 in the short run | Photo Credit: Anindito Mukherjee
The stock of ntpc has been in an uptrend since October last year. It began falling after marking a record high of ₹ 448.30 on September 30. But in January, after Falling to ₹ 296, The Downtrend came to an end.
The chart shows that the stock has rebounded from ₹ 296 twice since the beginning of 2025. So, the chances for a rally from the current level are high. The stock shows potential to hit ₹ 374 in the short run. So, Buy NTPC Shares at ₹ 340 and Accumulate at ₹ 330. Place Stop-Loss at ₹ 320. Revise the stop-level ₹ 340 when the price hits ₹ 360. Book Profits at ₹ 370.
Video Credit: Businessline
Note: The recommendations are based on Technical Analysis. There is a risk of loss in trading.
Published on March 21, 2025