shiv2798
Long

Torntpower institutional over run the levels

NSE:TORNTPOWER   TORRENT POWER
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I think institutional have over run the retrace level of Fibonacci @ 61.8% and have pushed all the buyers in to sellers after braking the levels
Now possible set up is 78.6% of Fibonacci level along with Bullish engulfing candle pattern
I am looking to go long at 181 with stop 177 For target of 207 as 1st target
Regards
Trade active: it Just bounced form 181.50 the support line
One can look for Buying with strict Stop as 177
Regards
Comment: From 181.65 to 190.30 Keep going 4.76 % rise in two days
Cheers
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