The NTPC Green Energy IPO initially performed well, with many investors buying in large quantities. However, in the past six months, the stock has experienced a consistent downfall, leading to concerns among investors.
Live Trading Price: ₹11
Technical Levels: If holding in profit, consider booking profits now. Not advisable to buy at the current level. Operators and brokers are selling heavily, indicating more potential downside.
If you are in loss, avoid panic selling. Do not average down at this point. Wait for a strong support level before making new entries.
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Be patient, monitor technical indicators, and enter at strong support levels for the best returns.
The NTPC Green Energy share is currently trading at ₹50. Many investors previously bought it at ₹130 or even higher, leading to portfolio losses. The stock has hit a high of ₹155 and a low of ₹106 in recent movements.
Many investors buy at high levels, leading to losses when the stock falls. It’s essential to buy at support levels rather than peaks. Learning the stock market basics is crucial before investing.
