marketmoneymohmaya

NHPC - Weekly Chart Analysis

Long
NSE:NHPC   NHPC LTD
After breaking out of the rounding base in july-aug 2022 the stock consolidated and form a small base since then. This week it gave a breakout of this base too. Volume support is decent enough. Stock also trading above its key moving averages. Wait for minor confirmations and its good to go.

Disclaimer: This is just an analysis. It should not be considered as a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.

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