NHPC is a company not well talked about. But its chart seems to be a very interesting chart. 34.50 has been a strong resistance in the past, ever since 2011… But since Oct 21, there have been attempts to cross it and twice the stock price went up to 37 kind of levels before correcting for whatever reason. It has now again crossed 34.50 and today closed above 35. There are also hints of a cup and handle which the practiced eye can detect. Would be interesting to see how it goes from here. disc: no positions.
| Subscribe To Our Free Newsletter |
