Market Trading Guide: Buy NTPC Green, Tata Power for up to 21% near-term gains. What’s the trigger?
Why it matters: Provides upside opportunities when the broader market is bearish.
- Nifty Index is falling sharply, RSI entered oversold zone, trend remains weak with possible dip to 22,800‑23,000 (Rupak De).
- NTPC Green rebounded from its lifetime low, surged above all major EMAs and shows bullish MACD reversal; target 110‑115, upside ~21% (Osho Krishan).
- Tata Power posted strong buying, crossed above the 200‑DSMA and multiple EMAs; target 415‑420, upside ~8% (Osho Krishan).
The Nifty is sliding amid geopolitical tension, with RSI in oversold territory and a weak trend suggesting further downside. Yet analysts spot bullish setups in NTPC Green (≈21% upside) and Tata Power (≈8% upside) as both stocks break key EMAs and show strong volume and MACD signals.
