Trade ideas
TorrntPharma Intraday 26 NovBullish setup with HH HL and trading above all EMA 13-48 on 5 and 15 min timeframe.
Long on Yesterday high with SL today day low for 1% gains min as target 1 and then trailing with 13 ema.
Only Long above yesterday high break of 5 min. If today low break first trade invalid.
Disclaimer: Only for entertainment purposes, not an investment advice.
TORNTPHARM for 2800?TORNTPHARM CMP 3205
Observations: Price broke down from a 3 months consolidation and Retesting the breakdown levels at 3290-3320
Price is trading below the Cloud on Daily TF, Future Cloud is Negative
In shorter TF, it looks like a Rounding TOP formation and breakdown.. Suggesting 2800 levels (If you plot the chart on invert scale you will understand it better..
A retest of the breakdown level at 3300 level is due.. which is also the 50% retracement of this recent fall.. between 50 and 61%, it is a good risk reward set up for the short trade..
Note: I am not a SEBI Registered Analyst. Charts are for Educational purpose only.
Flag and Pole Pattern with 20 WEMA SetupNSE:TORNTPHARM has made a Pole and Flag Pattern on a Weekly Timeframe with 20 WEMA on the lower edge of the flag.
If a Bullish flag pattern Breaks Out above 3600, the stock may move toward the pattern target after the breakout which is 4560. Keep a Stop Loss of 3250.
NSE:TORNTPHARM is a leading Indian Pharmaceutical Company engaged in the research, development, manufacturing and marketing of generic pharmaceutical formulations, and gave a good Q2 FY 24-25 Resluts Recently.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Torrent PharmaAll important points are marked.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
Morningstar with exaggerated rsi bullish divergenceIncrease in volumes
Morning star
possible range breakout
exaggerated rsi bullish divergence
overall uptrend
Torrent Pharma Short Term TradeThere is a small rectangular consolidation
The stock has been in an overall long term uptrend
On breakout there is a surge in volume and atr
Thus, there is a short term trade
tgt 3532 , sl 3346
#TORRENTPHARM #NSE - BASE BREAKOUTTORRENT PHARMACEUTICALS LTD
Breakout from a long BASE in daily time frame.
-0.9% from 52 week high.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
TORRENT PHARMABased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
Torrent Pharma - Flag Breakout A strong flag breakout above 2860.
Flag Height : 1100 points
Support / Stop Loss : 2575
Target : 3300-3700
Medium Term View. (6-18 month time frame)
TORNTPHARM (DAILY)TORNTPHARM (DAILY)
cmp - 2844
Consolidation in a range from 140+ days
consolidation range breakout with volume
entry after retest of breakout zone will be safe
Disclaimer : No Buy Sell recommendation. For educational purpose only.
Torrent pharma This stock up move as per the below prediction
1.21 Ema above 50 Ema
2.50 Ema above 200 Ema
3.Price above 21 EMA
4.21 Ema retrace
5.Stock in unmoved
5.ROCE >15
6.Debt to equity<1
This is for the educational purposes
Torrent pharma unmoved possibleThis stock up move as per the below prediction
1.21 Ema above 50 Ema
2.50 Ema above 200 Ema
3.Price above 21 EMA
4.21 Ema retrace
5.Stock in unmoved
5.ROCE >15
6.Debt to equity<1
This is for the educational purposes
Torrent pharma is super strongTorrent pharma is growing exponentially without any break.
once it cross above 2090,
It can give a 13 to 25 % move
TORRENT PHARMA - short for 8% fall on weekly charts , there is a negative divergence ie price rising while MACD falling
low risk oppurtunity to short
Target and SL marked
TORNTPHARM ROUNDING BOTTOM PATTERN IN DAILYCMP 2111.55 BUY ZONE 2090-2115 SL 2018 TGT 2349 (Positional View)
TORNTPHARM - SWING TRADE - 3rd December #stocksTORNTPHARM (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
TORNTPHARMTorrent 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 PHARMA #NSE - BREAKOUT ALERTTORRENT 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!
torrent pharma long tgt 2100-2176 06-11-2023Torrent 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 with minor resistance at 2099- 2176 levels
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
torntpharma 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
