TORNTPHARM trade ideas
#TORRENTPHARM CASH : LOOKS GOOD SELL BELOW 1525#TORRENTPHARM CASH
12 JUNE 2019
GOOD SELL BELOW 1525
STOPLOSS 1540
TGT 1512/1502
CMP 1537
TORRENT PHARMA - WAIT FOR CLOUD CROSSWAIT FOR THE PRICE TO CROSS 1547. THEN GET DOWN BETWEEN 1560 - 1577 LEVELS.
STOP LOSS BE 1535 LEVEL.
HOURLY CHART HAS GIVEN BUY SIGNAL.
Short sell Caution there are lots of People who are posting for buy on this scrip
Its not buy its sell in Futures
This scrip is coming down form many weeks and its currently its on 3rd wave Impulse leg down C Wave ,
the Internal wave B is completed
its not buy its a sell , if you buy because of some pull back it will be grate error which would cause you loss
Good luck
Intraday + positonal. (15min dips research)
Due to falling the price , there is very low volume -> (not interested sellers)
After strong price rotation , up spike has been seen -> (buyers wining)
Buy above 1544 is not bad idea VS buying at the dips in support is accurate trade.
Long There is high possibility that this scrip will make an turn around for one more move up
One can wait for daily reversal and enter with your entry & exit method
SHORT TERM || BUY || TORNT PHARMAOne may buy Tornt Pharma on dips with SL of 1755 and target of 1820.
TORRENT PHARMA - COMPLEX FORMULATION IN 4H CHART!!A LOT OF STUDY CAN BE DONE IN THE CHART OF TORRENT PHARMA.
CUP & HANDLE IS IN FORMATION IN THE 4H CHART.
INVERTED H & S FORMED ALONG THE TREND LINE, IN THE HANDLE PORTION.
MONEY IS FLOWING AT THE LOWER LEVELS.
FOR TRADE DETAILS SEE THE NOTES IN THE CHART.
TORRENT PHARM inside bar trade Long 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 PHARM inside bar trade Long 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 : An Excellent Buy Above 1980 Rs. !Dear All at TradingView ,
Torrent Pharma seems to be a value buy at current price .
Entry : Above 1970-1975 Rs.
Targets : 2000-2100-2200 Rs.
Stop-Loss : 1880 Rs. on Closing Basis
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
