Buy NTPC for the target prices of Rs 190.50/192.00/Higher with a stop loss of Rs 186: ICICIDirect

Last Updated: Fri, Feb 24, 2012 04:55 hrs

We said, "Bias negative for testing the next gap-up area ..." Index weakened further, exactly tested the gap-up area 17890-18000, before ending marginally lower by 67 points or 0.3%. Most sectoral indices also ended flat to negative, though Realty and Metal Index weakened the most. The A/D ratio continued negative at 1:2.


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