Stock was in a downtrend but has now broken the trendline and is showing a bounce from support near ₹1,200 zone.
Upside targets: ₹1,480 → ₹1,602 → ₹1,715
Support: ₹1,190
Key Highlights:
Govt’s Electricity (Amendment) Bill 2025 may boost private power players.
Torrent to invest ₹22,000 cr in a 1,600 MW thermal project in MP.
Expansion in renewable & LNG supply deals adds growth visibility.
Sentiment: Positive / Bullish reversal expected if price sustains above support.
#TorrentPower #NSE #PowerSector #EnergyStocks #Utilities #Breakout #SwingTrade #TechnicalAnalysis #IndiaEquity #TrendReversal
Upside targets: ₹1,480 → ₹1,602 → ₹1,715
Support: ₹1,190
Key Highlights:
Govt’s Electricity (Amendment) Bill 2025 may boost private power players.
Torrent to invest ₹22,000 cr in a 1,600 MW thermal project in MP.
Expansion in renewable & LNG supply deals adds growth visibility.
Sentiment: Positive / Bullish reversal expected if price sustains above support.
#TorrentPower #NSE #PowerSector #EnergyStocks #Utilities #Breakout #SwingTrade #TechnicalAnalysis #IndiaEquity #TrendReversal
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.