UnknownUnicorn4260559

TORRENT POWER : RANGE TRADE

Long
NSE:TORNTPOWER   TORRENT POWER
Buy above 258 with stop loss below 252 for target of 265-270.Torrent Power has been trading in a broader range of 210-280 from last 1 year. This range has further got narrowed 230 270. Today's volume were good but it couldn't mange to close above resistance line. RSI is also in comfortable position.
Comment:
Call didn't initiate. wait for cross over of 258 to initiate buy
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.