Views on NTPC?

I understand that NTPC is overbought currently. Is it likely to fall further?

Hi singhvi, jst replied the same answer in another thread and i m repeating it here also.

I was reading somewhere in moneycontrol that at the time of listing of RPL, RIL ran much faster than ONGC. But after listing ONGC fell mush faster than RIL. In that article all the data was also given.

In R-power case REL is running faster than NTPC. So, wud NTPC fall faster than REL? Experts shud answer, just putting my view. If u wanna trade NTPC R-power listing then its gud.

NTPC right now and for another 6 months is the stronger stock compared to RPower. You will see a sudden rise in this stock during a bull phase probably during April

Ya, Mostly who believe on Diversification, will invest in another power stock after listing gains or refund. Mostly NTPC will see rally between 250-275 in feb. By april this stock is good. though we cannot comment on market at this stage, Lets wait and see,

But This stock is always good stock

plz send a amesage of strlite industries and give target

Purely on the basis of technicals...NTPC is overbought for short term...max short term target is 224....It is a good buy @ 184-194 levels...

And if the markets take turn for the worse....it will b a good buy @ 160 levels...

If any one has any idea that in near future NTPC is going to declare bonus?

NTPC is not recommended at this level. It is likely to stay at current levels for quite some more time. Besides this, it is a SARKARI COMPANY. suddent bounces are not expected. the220-230 odd levels may be loked for in near future. The company is strong no doubt. Bonus is not expected in near future.

You have mentioned in your post that Bonus is not expected in the near future? Since I still learning the markets, I would like to know if there is a way to know when a company may issue bunus shares etc.??

NTPC- Corrective rise!




- Blue line(50 EMA) is nicely trending down and below 200 EMA. The overall trend is down.
- ADX has dipped and signals a trading range for now and halt in Fall.
- A corrective rise is due and should go up till 50 EMA = 170 or 192 near 200 EMA!
- MACD shows divergence!, which confirms short term corrective rise.