TORNTPHARM trade ideas
TORNTPHARMA, How we earned 1.5% (Trade Analysis) - Learn & EarnTORNTPHARMA was given for long at 10:54 AM for long above 2401. Logic for trade was simple trend line break out.
Below is the lower TF analysis of breakdown of chart. I closed my position at 2425 but it went to make high of 2440 from 2401. Keeping chart simple, free from indicators provide you more focus and price is paramount & it discount everything. So wasting your time on news, indicators will lead you away from truth.
Similar trades were taken in MCX (9 points), RBL BANK (3 points) and Grasim (4 points). All based on price action, simple chart analysis.
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TORNTPHARMA, Idea for Profit 30-March 2020Pattern : Trend line breakout
Buy above : 1895
Always follow risk management while trading. Saving capital is more important than profits.
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Regards
Piyush Gupta