Ntpc declined for about 12% in today's session and now it is standing at is 5 year low.
Today's opening was a Gap down opening, and it started declining further.
It opened at its high and closed at its low , forming at long black candle , top[ 128.60] or middle[ 122.47] of which, now could serve as immediate resistance for any immediate rally, which is bearish for the stock for the short term thus further weakness may be seen in the stock.
Volume was considerable very high [ approx 15 times of its average volume.]
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