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Stock Radar: Multibagger Alert! This power stock doubles in 1 year. Should investors buy or book profits?

Stock Radar: Multibagger Alert! This power stock doubles in 1 year. Should investors buy or book profits?

Short-term traders are advised to consider buying NTPC shares now with a target price of Rs 400-415 over the next 3-4 weeks, according to experts. The stock achieved a fresh record high of Rs 395 on June 4, 2024, although it initially struggled to maintain momentum. However, it rebounded after testing the 100-day Exponential Moving Average (EMA) on the daily charts.

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