TORRENTPHARMA Flag Breakout Pullback at the highs Long

TORRENT PHARMNSE

Description

⋅ Apr 22, 2020 7:24 PM

TORRENTPHARMA looks good to test highs after retracing and breakout from the flag pattern.
Can go long with SL 2200 and target 2680.

Comments

T_Harth

⋅ Apr 24, 2020 3:22 PM

Hi. Any update on your view now, given Friday's closing? I hold 1 lot too of April expiry and I'm trailing my stop with a 5 day EMA. Last week of April could see 2700?

piyushrawtani

⋅ Apr 25, 2020 8:47 AM

@T_Harth, Less chances for 2700. Expecting 2600

Sunboyz

⋅ Apr 23, 2020 10:05 AM

Hi what is the expected time duration for target. I hold April 1 lot at Rs. 2525. Do you think i can get exit at 2600 in a week's time?

mayanksardana

⋅ Apr 23, 2020 12:51 PM

@Sunboyz, Stock is bullish but may retrace from current levels, It's always better to add SL to your trade and targets mentioned above 2600+ is possible in a week

Sunboyz

⋅ Apr 23, 2020 2:15 PM

@mayanksardana, thanks!

piyushrawtani

⋅ Apr 23, 2020 3:12 PM

@Sunboyz, Although nothing is 100% but it can test highs in one week time .

Sunboyz

⋅ Apr 23, 2020 5:06 PM

@piyushrawtani, thanks!..hoping for that