Torntpharm - On Support
Updated
Torntpharma: From past 6 months trading in a parallel channel - trading baove 50/100/200 ema's
Bounce back after testing 2854 low & currently taking support from lower channel, 50 & 100 EMA's.
However 2952 and 3020 will be strong resistance levels based on previous history.
Watch these levels - Incase if any correction in NIFTY and Torntpharm breaks the lower trend line in channel - can go for short.
Please spend time and do own research before investing.
Bounce back after testing 2854 low & currently taking support from lower channel, 50 & 100 EMA's.
However 2952 and 3020 will be strong resistance levels based on previous history.
Watch these levels - Incase if any correction in NIFTY and Torntpharm breaks the lower trend line in channel - can go for short.
Please spend time and do own research before investing.
Trade active
Trading above 3061 - will take to immediate next level 3200. Breaking 3019 - will take to 2900 or lower level.
Keep an eye on upper and lower channel's - breaking any of these will change the targets and trend.
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