Torrent power is on the verge of breakout abv 590. Entry can be taken if atleast a 10 mins candle sustain above 590 for intraday target of 610. And entry only after the retracement. All the levels are marked on the chart. Disclaimer: All the analysis and levels are for educational purpose. Follow us for daily analysis.
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...
if you understand price action then you know what you have yo do with this stock . . . Enjoy proper levels for upside rally is Marked
08-09-2020 CMP 2753 *TORRENT PHARMA IS IN RANGE BOUND FROM PAST 3 DAYS *NEED TO GIVE BREAK ON EITHER SIDE OF ZONE 2838.55-2732.80 TO SEE FURTHER MOMENT. *AS PER OPTION CHAIN, MORE CALL VOLUME AND PUT SIDE LOOKS WEEK. RESISTANCE: 2834.95-2878.2949 SUPPORT: 2732.80-2709-2640-2550-2470
#SELL TORRENT POWER BELOW 258