As per the Fibonacci ratios, the stock has the potential to head higher towards 86 and 95 levels being 3.618 and 4.24 retracement ratios, respectively. Whereas on the downside key intermediate support is seen at 76-71.
NTPC has showcased a strong performance in the second quarter of FY27, with a significant 14% increase in standalone net profit year-on-year. The operational revenue
The Nifty gained 2% last week, recovering above the crucial 200-week moving average at 22,700. While easing volatility and buying at lower levels support the
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