Introduction: Torrent Power is one of the leading brands in the Indian power sector, promoted by the Rs. 21500 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India...
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...
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+++