sankarghatak
Long

TORNTPOWER Reversal or Crash

BSE:TORNTPOWER   TORRENT POWER LTD
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TORNTPOWER: LTP @ 202.6
TORNTPOWER Reversal or Crash.
Approaching Towards 200SMA Support (Crucial) @ 191.5
10 SMA Touched 50 SMA . (Vale mentioned in The Chart)
GAP between 10 WMA & 10 SMA Max. in last 1 year (i.e. 2.8241), Effect "Possible U-Turn".

Conclusion: Probability of LONG.
BEST Level for LONG: Between @ 200.00 to @ 196.00

TGT: Mentioned in Chart.
Intraday Levels:
TGTs for LONG / RES.: 204.7, @ 205.55, @ 206.9 - @ 207.9 (Hurdle), @ 210.58
TGTs for SHORT / SUP.: @ 201.05, @ 199.7 - @ 198.6 (BOUNCE), @ 196, @ 193.8.



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