TORNTPHARM trade ideas
Opportunity!The stock is respecting the levels.
Use your own levels to identify the entry and exits.
I am not going to take a short trade in such a bullish environment.
I will just watch this one.
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TORRENT PHARMA Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
[Buddha] TORNTPHARM Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Torrent Pharma Positional Long Setup Its comfortably taking support on Monthly Support zone, can go positional long as shown in charts, Target 2700
Pharma BuzzTaking trend line support now.
High volumes sustained after earnings.
Demand zone is clearly visible
Risk to reward highly positive
Buy on dip's for now.
Demand zone mention on charts
Torrent Pharma Levels for TradePlease find levels to trade on intra day
2281--2300 --2315--2334--2368
Aggressive Entry!Stock is near the bottom range of the rectangle.
I will take an aggressive entry on the break of the trendline.
Keeping a good risk-reward ratio is very important.
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Torrent PharmaClassic case of previous resistance turning into support
CMP 2360
Buy with a stop at 2255 for a target of Rs. 2650
Long Torrent PharmaPrice action suggest buying opportunity in Torrent Pharma around 2350-2360 with SL as 2250 closing.
Disclaimer: Ideas for educational purpose please do your due diligence.
