This is follow-up on Torrent Powers. Can check link to related ideas. Target 2 achieved. More than 49%. Target 3 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
The scrip is in uptrend and trading within a range for long. Now as overall market scenario is not bullish and the price has touched its upper trend line and to continue its trend the price has to come down to lower trend line. So the scrip can be shorted at CMP for a TGT of Rs 530 in short term
A Formation of Bullish Harami can be seen in the Chart of TORRENT POWER at around the current levels of the stock. Thereby, indicating a trend of bullish reversal herefrom. Moreover, currently the stock has a relatively good volume with an RSI of greater than 50. In addition to which, as per the chart, the stock can go up to the level 545 and 549 , where it can...
This is follow-up on Torrent Power. Can check link to related ideas. Target 1 achieved. More than 11%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Target 2 and 3 after hitting Target 1... Disclaimer: This is for demonstration and educational purpose only.
Torrent power has given breakout from parallel channel in daily time frame, along with good intensity of volume, also challenging upper bollinger band in daily time frame, it suggests to go long with stop loss of 498. one can go long at these levels or in dips (if any ), all the key levels are mentioned in chart along with stoploss and targets. key...
Torrent Power Channel BO. swing traders can enter now with Swing Low SL.
NSE:TORNTPOWER As One can see on the chart if Torrent Power Share cross and sustain above 510 then after this break out we might see 700 +/- in coming days. As this is long term positional view of torrent power share here stop loss also quite big 436 closing basis. ******whatever charts or...
IT HAS RETURNED FROM ITS ALL TIME HIGH OF 508.70 , IF IT CROSS IT , IT MAY FLY. Only for learning Purposes.
triangle pattern breakout as well as price coming out of ichimoku cloud. closing below the horizontal line can be the stoploss and targets are marked on the screen.
Torrent power is trading inside channel for last 47 trading days. Wait for the breakout for long position.
Torrent power is respecting the trendline beautifully. It can reverse from here for immediate targets of 482, and above that, it can easily go back to 508. Keep strict sl below yesterday low or @465 on a closing basis.
It has broken out from good consolidation in spread chart. It may retest the breakout level and then go upside
This is an extension to the analysis posted before. The stock has already given a 1:3 RR. The power sector is seeing huge inflows and that is expected to continue. Torrent power saw extra-ordinary buying volumes with low volume pullbacks. Time horizon : short term-medium term.
Range Breakout Buy Torrent Power Closing Price - 450.6 Strict SL - 422 (DCB) Target - 495+++
Torrent Power saw huge buying volumes after posting great results post-consolidation. It has given a breakout of the wedge-channel pattern on the hourly chart. The retest is done with extremely low volumes and it is currently at the support zone. Can go long for short-term. NSE:TORNTPOWER
On trendline breakout, go long Currently at strong support levels RSI at 50 levels Targets - 443, 456, 465, 478
The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. PANEL 2: 1) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow...