ITC Ltd. is India's largest cigarette manufacturer. It is one of the oldest listed company on NSE as it was listed on 23 August 1995. The stock has moved significantly in these years with lots of splits and bonus shares issued, it has made ITC one of the most valuable company in the FMCG sector. If we look at the charts of ITC stock then we see that it has made a recent all time high on 2 June ... [Continue Reading]
NTPC is Low Beta Stock, Power Giant (NTPC) to Outperform in Near Term, High Growth Seen
NTPC ltd. is largest listed power company in India it was listed on 5 November 2004 on NSE and BSE. Looking at the price action on charts we see there is stiff resistance at 187 level and we are looking to go short near 185 level for the targets as 178 and 174 level. Also placing our stop loss above 190 level. Technical indicators are showing bullishness in the stock but there is dynamic ... [Continue Reading]