About NTPC

Moving average convergence divergence(MACD):

In the month of April, MACD LINE IS above the zero line. It is also above the
trend line which is a bullish signal thus according to the indicator stock price is
expected to increase, and stock price did increase in April.
In May the trend line is below the zero line which shows the MACD line is
bearing and also in that month the stock price also fell.
In the month of June, the MACD line slightly rose from the zero line and then
again fall below zero in that month the stock experienced both a bearish and
bullish effect, in the beginning, the price rose, and then it suddenly falls.
In the month of July, the MACD line is below zero line which indicates the stock
experienced a bullish effect and in actuality also the prices of stock did fall in
the month of July.
In the month of August, the MACD line is above zero line which indicates a
bullish effect and the prices of stock in actual also rose.
In the month of September, the MACD line is above zero, and it indicates a
bullish effect in actuality also the stock price rose.
In the case of NTPC, the MACD indicator is reliable.

Relative Strength Index(RSI):

In the month of April, the RSI line above 30 which indicates a bullish effect at
the beginning of April month and and in actual also stock price rose later the
line RSI is above 70 which indicates the bearish effect, and during this time the
stocks are overbought, and in actuality, the stock price also falls.
In the month of May, the RSI line is above 30 which indicates the stock is going
to experience a bullish effect and in actuality also, the prices of the stock rose
in the month of May.
In the month of June, the RSI line is above 30 and then later it touches 30
which shows the stock experienced both bullish and bearish effect and in
actuality also the price of the stock rose and fell respectively.
In the month of July, the RSI line is above 30, which means the stock will
experience a bullish effect, and also at one point, the RSI line falls which means
the stock will experience the bearish effect than again later the RSI line rose
and it will experience bullish effect and in actuality also at first price of stock
rose than fall and later it rose.

In the month of August the RSI line rose which indicates bullish effect of stock
and in actuality the price of the stock rose.
In the month of September, the RSI line rose which indicates bullish effect of
stock and in actuality the price of the stock rose.
In the case of NTPC, the RSI indicator is reliable.

Stochastic:

In the month of April, the stock is neither overbought nor oversold.

In the month of May, the stock is oversold as the stochastic line is below 20.
In the month of June, the stock is oversold as the stochastic line is below 20.
In the month of July, the stock is overbought as the stochastic line is above 80.
In the month of August and September, the stock is neither overbought nor
oversold.
In the case of NTPC, the Stochastic indicator is reliable.