Torrent Pharma - Looking Weak - CandleStick Analysis

Short

TORRENT PHARM (NSE:TORNTPHARM)

Updated

NSE:TORNTPHARM TORRENT PHARM

supportandresistance trendline candlestick bearishharami shortcandidate

TORNTPHARM has made a bearish harami on weekly candle. If 1507 is taken out on downside and a close comes below that, I would be looking for 1481, 1461 and 1452 levels on the downside.

Depending upon your risk appetite, enter the trade either in cash or in options. Let's see how the story develops. Best wishes!

Disclaimer -

- The opinions expressed here are my own. This is for my own records as well as what I see on charts.
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TIA!

Trade closed: stop reached:

SL hit. Trade closed

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