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Mentorship

Mentorship

NPTC

3 Sep 202012:56 PM

NTPC - did rally recently and we did not go as far as 3=1, so wave 3 could be subdividing. Wave II of 3 is down and is now near the 20dma and 50% retracement mark at 96.70.

On the hourly chart we can see the clear 5 wvaes up and pullback and maybe wave I and II of III up did develop at 96.90. A move above 100.50 would be a further confirmation of this and 3=1 on this chart would go to 120 if that happens.

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