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