Torrentpharma
TORRENT PHARMA Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Torrent Pharma Immediate Sell on 2530/- Torrent Pharma Immediate Sell on 2530/- , Rejection from resistance is matter of time
TORRENTPHARMA Flag Breakout Pullback at the highs TORRENTPHARMA looks good to test highs after retracing and breakout from the flag pattern.
Can go long with SL 2200 and target 2680.
Intraday Setup Torrent Pharma !!Follow Chart Instruction.
Take Entry at given level if comes.
Risk Reward 7-10 times.
Torrent Pharma : Range break out with huge volumeA range is broken with a huge volume in Torrent pharma. This clearly indicates a big up move in the stock. One can go long for positional trade.
TORENT PHARMA (Torrent Pharmaceuticals Ltd) BUY ABOVE 1716TORENT PHARMA (Torrent Pharmaceuticals Ltd) BUY ABOVE 1716
Torrent Power-More Selling On CardsSell at 305
Stoploss 315
Target 293-275
Reasons For Trade- 1.Price Has formed double top pattern on daily chart
2.Price has formed bearish candlstick pattern on daily chart
3.Small pullback is possible
4.Price broke the hourly trendline
5.Price closed below 200 EMA on 15 minute chart
6. Risk Reward 1:1
Intraday + positonal. (15min dips research)
Due to falling the price , there is very low volume -> (not interested sellers)
After strong price rotation , up spike has been seen -> (buyers wining)
Buy above 1544 is not bad idea VS buying at the dips in support is accurate trade.
WEEKLY || TORRENTPHARMA || SELL || SL 1840Sell TorrentPharma on rise with SL of 1840 and targets of 1757/1747. Adjust volumes as per entry price.
Risky Trade : Short Torrent Pharma with SL 1863Sell Torrent Pharma with a S.L of 1863 and targets of 1805, 1789. Adjust your volumes as per your entry price. Suggestion : Keep the volumes light.
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
