Torrent Pharma bullish above 3250
Hello traders, in this week what I can see is that the pharma sector is looking quiet bullish to me and I expect it to give good good results, this might also be a push from the omicron news.
torntpharm has broken it's all time high and has given a strong closing above it and still shows signs of bullishness, it means the entry can be taken at current levels or one can also wait for a pullback near 3250 levels.
Buy above - 3250
Targets mentioned in the chart above
Note:- As the stock is trading at all time high, this is an uncharted area so the targets have been taken according to some technical tools like fib & pivot points.
I will also upload other pharma stocks in the coming week.
torntpharm has broken it's all time high and has given a strong closing above it and still shows signs of bullishness, it means the entry can be taken at current levels or one can also wait for a pullback near 3250 levels.
Buy above - 3250
Targets mentioned in the chart above
Note:- As the stock is trading at all time high, this is an uncharted area so the targets have been taken according to some technical tools like fib & pivot points.
I will also upload other pharma stocks in the coming week.
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