TORRENT POWER - Swing Trade - 13th March #stocks

Mar 13

TORRENT POWER (1D TF) - Swing Trade Analysis given on 13th March, 2024

Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress

Mar 19

Note

TORRENT POWER Update (as of 19th March, 2024)

- Stock has shown strenght in a Weak Market
- Did not break the lower trendline but took support
- Proper pullbacks from the lower trendline
- Volume buildups with Accumulation

Mar 22

Note

TORRENT POWER Update (as of 22nd March, 2024)

- Updated chart as of today
- Stock Retested the Demand Zone and has taken Support
- Consolidation is in progress
- Possibility of a sold upmove towards the Target Level

* Disclaimer

Apr 1

Trade active

TORRENT POWER Update (as on 1st April, 2024)

✓ 18% in just 12 Trading Sessions

- Our Target Level was achieved with a breakout
- Strong volume candle shows buildup
- TSL is on

* Disclaimer

Jun 13

Trade active

TORRENT POWER Update (as on 13th June, 2024)

✓ 33% Up in 57 Trading Sessions

Another Breakout in the making?

- The stock has been showing strength even after its falls
- Did not break it low (at the previous swing low)
- Just trailing to maximise the profits

* Disclaimer