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NTPC technical analysis: RSI, MACD, moving averages and F&O

NSE: NTPCBSE: 532555PowerLarge Cap

NTPC Limited · Formerly National Thermal Power Corporation · Face value ₹10 · Listed Nov 2004
Last close ₹303.75up ₹1.95 (0.65%)BSE ₹302.10

Share price at the NSE close on 28 Oct 2026. Previous close ₹301.80.

28 Oct: open ₹302.05, high ₹304.90, low ₹299.40

52-week range of traded prices to 28 Oct 2026
₹292.05Low, 23 Oct 2026₹414.40High, 27 Apr 2026
Market cap
₹2,94,536 Cr20th largest listed
P/E
10.61
P/B
1.45
Dividend yield
2.96%
ROE
14.3%
ROCE
8.1%
Debt to equity
1.27
Volume, NSE
74,82,36560.6% delivered

NTPC's technical indicators on adjusted prices to 28 Oct 2026: moving averages, RSI, MACD, Bollinger bands, beta against the Nifty 500, pivot levels, and futures and options with its lot size.

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 28 Oct 2026.NTPC share price history

From the 52-week high
−26.7%

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 1 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 28 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹301.23+0.8%
10 days₹306.17−0.8%₹305.38−0.5%
20 days₹311.29−2.4%₹310.51−2.2%
30 days₹316.33−4.0%
50 days₹323.34−6.1%₹321.91−5.6%
100 days₹337.00−9.9%₹334.32−9.1%
150 days₹353.73−14.1%
200 days₹356.01−14.7%₹340.98−10.9%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
58Below, 4 Aug 2026 at ₹343.65
200-day average, 20-session change
−0.4%
Sessions above the 200-day average
120of the last 250
Closes above the 20-day average
5%of the last 60 sessions
Volume-weighted average, 20 days
₹311.43
Hull moving average, 9 days
₹298.89
Ichimoku base line, 26 sessions
₹310.73

RSI, MACD and other oscillators

Adjusted prices, to 28 Oct 2026.

  • RSI, 14 days36.4
  • Money flow index, 14 days44.4
  • Stochastic %K45.2
  • Stochastic %D34.2
  • Stochastic RSI68.8
  • Williams %R, 14 days−54.8
  • Ultimate oscillator48.5
  • ADX, 14 days47.3
  • Positive directional indicator11.7
  • Negative directional indicator29.0
MACD line
−6.69In rupees
MACD signal line
−6.22In rupees
MACD histogram
−0.46In rupees
Awesome oscillator
−18.34In rupees
Momentum, 10 sessions
−7.25In rupees
Bull bear power, 13 days
−9.72In rupees
Commodity channel index, 20 days
−90.7No fixed range
Rate of change, 21 sessions
−7.0%Change in the close
Rate of change, 125 sessions
−25.3%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 28 Oct 2026.

Bollinger bands today

Close ₹303.75
Lower band₹295.9520-day average₹311.29Upper band₹326.62
Twice the spread of the last 20 closes either side of their average.
Average true range
₹6.63In rupees, 14 days
Average true range, % of price
2.18%Of the close
Volatility, 20 days
19.9%A year
Volatility, 30 days
18.3%A year
Volatility, 60 days
16.3%A year
Bollinger band width
9.9%Of the 20-day average
  • 30-day volatility, place in its year52%
  • Band width, place in its year77%
  • 21-session change, place in its year10%

Beta, highs and deepest falls

Against the Nifty 500. The 1-year beta, 3-year beta, 3 and 5-year fall and correlation to 23 Oct 2026, the rest to 28 Oct 2026.NTPC PE ratio and valuation

Beta against the Nifty 500

  • 1 month1.02
  • 3 months0.71
  • 1 year0.61
  • 3 years1.07
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−27.4%
  • 3 and 5 years30 Sep 2024 to 23 Oct 2026; Nifty 500 −11.6% over the same days−32.8%
Highest close since Jan 2007
₹443.2030 Sep 2024, 758 days before 28 Oct 2026
Correlation, 1 year
0.45
Correlation, 3 years
0.61

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 28 Oct 2026.

Volume against the 50-session average

1×: a usual session
Volume on rising days
51%of the last 20 sessions' volume
Volume trend, 20 sessions
+12.3%
Delivery against usual
0.0
Delivery, last 5 sessions
55.8%
Delivery, last 21 sessions
60.6%
Impact cost
0.03%

Delivery, last 10 sessions

  • 28 Oct60.6%
  • 27 Oct51.8%
  • 26 Oct52.4%
  • 23 Oct59.3%
  • 22 Oct56.2%
  • 21 Oct61.8%
  • 19 Oct60.9%
  • 16 Oct67.3%
  • 15 Oct65.9%
  • 14 Oct57.2%
60.6%: the last 21 sessions together
  • Jun29MonBusiest4.4× usual volumeup 1.15%
  • Mar5ThuLargest moveup 3.35%
  • Feb1SunLargest movedown 3.16%
  • Jan30FriBusiest2.5× usual volumedown 0.60%
  • Jan14WedLargest moveup 3.31%
  • Jan2FriBusiest and largest move2.9× usual volumeup 4.70%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 28 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹311.47
R2₹308.18
R1₹305.97
Pivot₹302.68
S1₹300.47
S2₹297.18
S3₹294.97
Close ₹303.75
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹311.47₹312.00₹305.26₹308.18–
Resistance 2 (R2)₹308.18₹308.45₹304.76₹306.08–
Resistance 1 (R1)₹305.97₹306.50₹304.25₹304.78₹307.08
Pivot point₹302.68₹302.95₹302.68₹302.68₹303.24
Support 1 (S1)₹300.47₹301.00₹303.25₹300.58₹301.58
Support 2 (S2)₹297.18₹297.45₹302.74₹299.28–
Support 3 (S3)₹294.97₹295.50₹302.24₹297.18–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 28 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
−3.1Nov 250.9Dec 258.0Jan 267.3Feb 26−2.9Mar 267.7Apr 26−3.1May 26−7.8Jun 26−2.6Jul 26−5.7Aug 26−1.4Sep 26−5.9Oct 26
Highest month Jan 2026, +8.0%; lowest Jun 2026, −7.8%.

Last 10 years, per cent

  • Return
  • Loss
7.4Dec 17−16Dec 18−4.2Dec 19−17Dec 2025Dec 2134Dec 2287Dec 237.1Dec 24−1.1Dec 25−7.8Oct 26
Highest year to Dec 2023, +86.9%; lowest to Dec 2020, −16.5%.
Low to highLatest close ₹303.75
WindowChange
1 week+0.2%₹292.05₹307.00
1 month−5.4%₹292.05₹325.00
3 months−11.6%₹292.05₹350.90
6 months−25.3%₹292.05₹410.00
2 years−24.8%₹292.05₹415.45
3 years+28.4%₹230.65₹448.45
5 years+121.2%₹119.10₹448.45
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.

Futures and options

The market-wide position limit on 28 Oct 2026, then the open interest and put-call ratio session by session.

Limit in use17.3%

0%New positions barred above 95%

Lot size
1,500Shares in one contract
Position limit
48,11,05,360
Open positions
8,31,18,642
Room for the next session
37,39,31,449
Days banned, last year
0Of the last 247 trading days
Futures open interest
8,17,72,800Shares, 28 Oct 2026
Put-call ratio
0.98On open interest, 28 Oct 2026

Futures open interest, shares

  • Futures open interest
13,44,34,5008,17,72,8008,17,72,80029 Jul10 Aug20 Aug1 Sep11 Sep24 Sep7 Oct19 Oct28 Oct

Put-call ratio on open interest

  • Put-call ratio
0.980.410.9829 Jul10 Aug20 Aug1 Sep11 Sep24 Sep7 Oct19 Oct28 Oct