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
TORNTPHARM trade ideas
#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
TorrentPharma - Predicting Breakout Torrent Pharma is creating ascending triangle on Weekly chart. Predicting before breakout. #Pharma #BankNifty #NiftyPharma
Torrent PharmaAnalysis on Daily Basis
1. BOS
2. CHoCH
3. Sideway Channel
Potential Downside after sideways channel breakout downside.
TORNTPHARM BULLISH HEAD AND SHOULDERS PATTERNBuy Above : 3250
Tg : 3730
CBSL : 3000
R:R – 1:2
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Short Term Trade Torrent PharmaOn 4 hrly chart, the level of 1909 had been a support zone in the last two months,
There is a breakdown with good volume and a strong breakdown candle .
Tgt and sl are marked on chart
torrentpharma - sell on risesell around 1967 upto 1980
sl close above 1983.1
easy tg 1920
tg2 - 1896
Disclaimer : This is my personal analysis for study purpose not intended for trading.
torrent pharma - buy Buy near 1933
sl close below 1916
easy tg 1960
tg2 - 1990
Disclaimer : This is my personal analysis for study purpose not intended for trading.
