BLACK GOLD WILL SHINE

Ntpc Limited looking bullish on weekly chart given breakout on falling resistance trendline and given breakout on macd indicator too with positive crossovers score seems more bullish trend is coming in this stock. On the basis of peers to peers study it is also looking good.

CAUSE OF LONG -:

1- Breakout on falling resistance trendline.

2- Positive crossovers on macd indicator.