Vishy5

Torrent Power - Volume Price Analysis

Long
NSE:TORNTPOWER   TORRENT POWER
Classic example like shown in Anna Coulling Volume Price Analysis
How price completes its trend
1. Buying Climax after a brief uptrend
2. Goes into Range
3. Distribution Phase
4. Creation of New Shorts
5. Start of Downtrend
6. Profit booking Visible Stock slows down post that
7. Climax Volume Reached (Downtrend Stopped)
8. Stock again kept in range (Accumulation)
9. Getting ready for a new upmove
Entry only after breakout and pullback
Sl below the range
1st resistance for the stock marked
Target is the upper range

VISHAL CHUG
TELEGRAM : Vishy5
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