UnknownUnicorn3109011

TORRENTPOWER for Swing Trading

Education
NSE:TORNTPOWER   TORRENT POWER
TORRENTPOWER can be bought for swing trading.
Price crossed above EMA 50 which shows the trend is up.
Also after giving breakout of EMA 50 it is in pullback mode and it has formed inside bar and also it is bullish pin bar .
MACD also confirms an up trend and facing up and also moving towards zero line.
Risk Reward 1:2.
Trade active:
Entry order triggered.
After triggering entry order it remained in the range of mother bar.
Let's see what it does on Monday.
Comment:
Price did not broke out of Mother bar range. It is still holding EMA 50.
So, Trade is still active.
Trade active:
Trade is still active, it is hovering around entry point.
Trade active:
Price is facing rejection at entry point, still holding the trade.
Trade closed: stop reached
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