New Delhi, March 18 -- A leader in power generation, NTPC offers consistent performance. It is also expanding into renewable energy, which makes it a resilient option.

On the chart, the stock price is stabilising around Rs.310 after a sharp fall from the highs of September. Constant volatility in the market means trends remain challenged at higher levels. However, looking at the Relative Strength Index (RSI), the trends indicate on a larger timeframe that there is a revival in progress.

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This could be a good time to consider buying as larger timeframes indicate the important Fibonacci support region has been held since the start of the year. A rebound from h...