Torrent pharma is growing exponentially without any break. once it cross above 2090, It can give a 13 to 25 % move
on weekly charts , there is a negative divergence ie price rising while MACD falling low risk oppurtunity to short Target and SL marked
NSE:TORNTPHARM Break out + retested As per my research This is just for the education purpose do your own research before investing
2416 is the target for torntpharma according to my analysis in one day time frame
CMP 2111.55 BUY ZONE 2090-2115 SL 2018 TGT 2349 (Positional View)
TORNTPHARM (1D TF) Swing Trade Analysis given on 3rd December, 2023 (Sunday) Pattern: NECKLINE BREAKOUT - Trendline Breakout - Done ✓ - Retracement + Consolidation - Done ✓ #stocks #swingtrade #chartanalysis #priceaction #traderyte #torntpharm
Torrent pharma waiting for breakout 2110 level. Stok movement is good for swing trade. wait for cross and close in 4 hours. After that there is no hurdles we expect this price to reach 2270.
TORRENT PHARMACEUTICALS LTD Breaking out of a CUP pattern. Stock at new 52 week high. Torrent Pharmaceuticals Ltd.'s Revenue was higher than average estimate 2 times in past 3. FII/FPI have increased holdings from 12.85% to 13.15% in Sep 2023 qtr. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
Reason for long a) triangle breakout b) weekly breakout c) monthly breakout d consolidation breakout e) super vwap support f) QQE support g) SL compulsory
Reason for long a) Vwap breakout b) Pin bar formation engulfing previous week candle c) channel support d) QQE support e) SL compulsory
Go long IF price croses 1851.95 Entry: 1852 Stoploss: 1771 Target: 2010
Breakout, retest done. THE STOCK to watch in Pharma space.
Torrent Pharam is an interesting chart with following factors 1. Ascending Triangle Breakout on Daily Chart 2. Narrowing Bollinger Bands and Price moving on upper Band 3. 20 Week SMA support at 1918-1920 zone 4. Narrowing Bollinger Bands on weekly charts 5. Daily / Weekly / Monthly all RSI above 60 6. Daily Super trend signal changed to Buy Good Risk reward...
Triangle Breakout. And Support is Provided By Major Moving Averages.
Finally breaking out of the consolidation on watch for today close
torntpharma looking strong stock consolidate higher low making good price action if daily candle close above 1950 it will give good upmove minimum 2100 then 2250 note only for educational
Torrent Pharma is creating ascending triangle on Weekly chart. Predicting before breakout. #Pharma #BankNifty #NiftyPharma
Analysis on Daily Basis 1. BOS 2. CHoCH 3. Sideway Channel Potential Downside after sideways channel breakout downside.