Strong Bullish Breakout
📈 Stock: Tornt Pharma (NSE:TORNTPHARM)
🔍 Closing Price: 3120.55
📊 Pattern: Bullish Engulfing & Strong Bullish Candle
📉 Technical Signals: RSI Breakout | EMA 200 Crossover
Key Observations:
✅ Bullish Engulfing confirms buying momentum.
✅ RSI Breakout signals strength.
✅ EMA 200 Crossover, indicating potential trend continuation.
Key Levels to Watch:
🔹 Support: 3027 – 2934 – 2882
🔹 Resistance: 3171 – 3223 – 3316
Trading Plan:
📌 Above 3171, potential upside towards 3223 and 3316.
📌 Below 3027, caution as weakness may extend to 2934.
🔍 Closing Price: 3120.55
📊 Pattern: Bullish Engulfing & Strong Bullish Candle
📉 Technical Signals: RSI Breakout | EMA 200 Crossover
Key Observations:
✅ Bullish Engulfing confirms buying momentum.
✅ RSI Breakout signals strength.
✅ EMA 200 Crossover, indicating potential trend continuation.
Key Levels to Watch:
🔹 Support: 3027 – 2934 – 2882
🔹 Resistance: 3171 – 3223 – 3316
Trading Plan:
📌 Above 3171, potential upside towards 3223 and 3316.
📌 Below 3027, caution as weakness may extend to 2934.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.