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muhd_nihal

TORNTPHARM Short

Short
TORRENT PHARM (NSE:TORNTPHARM)  
muhd_nihal  
NSE:TORNTPHARM   TORRENT PHARM
Supply and Demand Supply Zone Fibonacci Extension
3
0
supplyanddemand supplyzone fibonacciextension
Exhaustion of up move evident in monthly chart as shown below:
snapshot

Resistance recently at 2415 in Day TF,
Shooting Star on Friday with high near to 20 day mean,
Enter short on PDL break,

If EOD close is below 2337, possible targets are as follows:
T1:2262
T2:2166

SL: Close above 2439 (CBSL)

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