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theapextrader7

Intraday (26-08-2020). Keep in watchlist for few days

TORRENT PHARM (NSE:TORNTPHARM)  
theapextrader7 Updated   
NSE:TORNTPHARM   TORRENT PHARM
Trend Analysis Support and Resistance
2
0
trendanalysis supportandresistance
Keep the stocks in watchlist for coming days with marked levels. Trading in a range bound stocks is risky, unless quick entry exits are done. Ideal entry is after a breakout on levels or after the formation of a triangular pattern.
Comment:
target 1 achieved
Comment:
safe traders keep SL to buy price as volumes are not picking towards direction of downtrend.
Comment:
Safe traders keep SL near buy price. Personally holding for target 2 by letting the winner run to target 2.
Comment:
Safe traders shift SL to target 1.
Comment:
Intraday players exit below target 1 by booking profits.
Comment:
Target 2 achieved for those who carried forward their trade.
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