TORRENT POWER - Swing Trade - 13th March #stocks

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

Comment:

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

Comment:

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

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