🚀 NTPC Updated Trade Plan (CMP ₹400)

NTPC

🚀 NTPC Updated Trade Plan (CMP ₹400) 📊 Stock: NTPC Trend: Strong Bullish Continuation 🔍 What’s Happening Now? Stock has already broken out and moved from ₹380 → ₹400 This is now a momentum continuation phase, not fresh breakout Buying blindly at ₹400 = late entry risk 📈 Smart Entry Strategy Option 1: Buy on Dip (Best Approach) Buy Zone: ₹385 – ₹390 Target: ₹420 / ₹440 SL: ₹370 Option 2: Breakout Continuation (Aggressive) Buy Above: ₹405 (with volume confirmation) Target: ₹430+ SL: ₹388 ⚠️ Important Reality Check At ₹400: Risk-reward is not ideal for fresh entry Probability of short-term consolidation or pullback is high 💡 Best Strategy for Your Students (Very Important) Teach them this rule: 👉 “Never chase breakout stocks after 5–7% move” 👉 Wait for pullback or fresh breakout 📌 Conclusion NTPC is still bullish, but now it's a “buy on dip” stock, not a fresh breakout.