Torrent Power looks' good if it will manage to sustain above it's Strong demand zone @ 335-340.
If it will manage to sustain above this zone then it may test it's next Supply Zone @ 350-357 on the upper side.
Thank u :)
BASED ONLY WEEKLY CHART RESISTANCE IS AT 2146-2177-2200 THIS ARE VERY STRONG RESISTANCE, WHICH is WORKING FROM COUPLE OF WEEKS UNLESS THERE IS BREAK ABOVE 2200WITH GOOD VOLUME I WOULD TAKE ANY BUY TRADES.
BUY/SELL ONLY AT RESISTANCE, FOLLOW MARKET TREND TO PLACE ANY BUY/SELL TRADE.
As drawn on the chart PFC is facing some resistance on the higher levels. There was a pull back it might run to take the top again.
Watch carefully it might give few excellent intraday opportunities.
As mentioned in the chart there is a double top in Lupin. I am expecting a pull back in next few sessions in Lupin
We can take some intraday trades around the levels mentioned in the chart.
SBIN broke again 200 levels on friday. It is again and again hovering around 200 levels.
We can use trend lines, Support and resistance levels drawn on the chart to initiate intraday positions around those levels.
