Trade ideas
#Oct13 - TORNTPHARM - Ascending triangleTrade the breakout !!!
Buy above 2850
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
250 points move in 2 days in Torntpharm Price forming a channel pattern and previously from 2200 support price moved almost 800 points in 7 days towards the channel top and rejected from there to reach the 2480 levels and presently trading at 2720 levels which shows the bullishness of the script. If price crosses the 2900 levels of resistance and once again one can look for the channel top that is almost 3200 levels.






















