TORRENT PHARMACEUTICALS L
Short
Updated

Very Weak SetUp - Torrent Pharma

Torrent Pharma has very weak setup.
1. Standing at very crucial Daily, Weekly, Monthly support.
2. Monthly made Head and Shoulder pattern.
3. Monthly trading below fib 23%.
4. RSI below 50. (even daily weekly & monthly)
5. Touched lower band of Bolinger Band.

A close below 1200 can trigger massive fall in this script.
Giving no targets just watch the price actions and take positions, most favorably SHORT.
Note
Close below 1200 can trigger massive fall
Trade active
One can take shirt position. Keeping 1220 as Stop. Target shall be 1100
Note
Short :)
Note
Torrent has not giving up.

Disclaimer