I am watching NTPC for a quite long time, it was on a flat for a while, and from Nov 20th, 2012 it started a downtrend. 24th Dec 2012, trading looks like coming out of downtrend and closed above the resistance.
I buy this scrip for medium term, if the scrip crosses 156.50. At the moment yesterday closed at 154.60.
I would like to buy this scrip for intraday tomorrow, buy at above 154.70 and take profit at 155.50