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Levels on chart.
Trading in/near buying zone.
enter at 1850
go short for targets of 1800 and 1750
#SELL TORRENT POWER BELOW 258
TORNTPOWER is a buy on NSE (Cash Market ONLY -- NO FNO)
Buy at 253
Consult your financial adviser before Investing
1) negative divergence on double top with lower volume on second attempt
2) sell below 1735
3) though rupee depreciation is good for pharma stock but FII selling may lead to derating across indian market
TORNTPOW: Buy around 262.50 with SL at 258 and Target of 27.
Remember to take advice from your financial advisory before investing
TORNTPHARM could touch 1550/1675 in the coming weeks as long as it trades above 1360
All indicators are positive and weekly chart also slowly turns to bullish trend. It may reach the targets (Mentioned in the graph).
Retracement over so Buy at 220 target 230