Einstein15

TORRENT Pharma Channel

NSE:TORNTPHARM   TORRENT PHARM
TORNTPAHRM has been moving in a slow rising channel for 6 months now. Cirrently on the edge awaiting a breakout or reversal.
breakout done today pls kindly check.........
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Einstein15 AjithBokdia
@AjithBokdia, Not on this time frame,yet.It did make a good jump and if u hit the play button u'll see that it did make interesting pattern of shootingstar+doji+bullish candle, but hats how it reacts at that level, if you see the in the past yellow zones. The upper edge of the red trendzone is yet to be broken.
But again have your confirmation on whatever timeframe you are using, coz everyone has a different definition of a breakout.
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