TORRENT PHARMA swing trading ideas 1 hour .....target and stoploss see on this image
evidence:
1. head and shoulder pattern.
2. trend line breakout with volume.
best of luck investors.
# patience is the key for success........
TORNTPHARM trade ideas
Torrent Pharma - Final Frontier for an up move.There is an Area of resistance right above the CMP needs to be taken out.
torntpharma, long on breakoutthere is RHnS pattern observed which when broken can enter the trade with good RR.
Levels are given clearly on the chart
Disclaimer: This is not a investment/trade recommendation
Torrent pharma to take long entryBuy Tornt pharma above 2505 Target price of 2905 with SL of 2280. Good risk to reward trade. Stock in bullish mode. As this is very volatile stock so advised to shift SL timely. This is for your educational ideas.
TORNTPHARM giving buy signalI will buy TORNTPHARM because :
It has been taking support at the trend line .
It us also forming a rectangle pattern
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 2428
Target : 2908/3012
Stop loss : 2276
TORRENTPHARMA - Bullish ButterflyBullish Butterfly pattern forming on Daily Chart of TORRENT PHARMA. BUY 2287-2288, SL 2229.9, Target()s - 2350, 2365.
Torrent PharmaLevels are mentioned on the chart.
Only for learning and sharing purpose. Not a trading advice
Please comment with your views.
Torrent Pharma Torrent pharma is whiplashing here and there creating pools of money to be taken out by operators.
Wait for levels mentioned in 4hr Demand Zone
the most safe bet will be placed there .
Torntpharm - Looking good for Buy SideIt is trading on very good support i.e. 2570-2550
If sustains above 2570 then we can see a good up move from there
TorntPharma Intraday Trade | Jan 28thWe have two possibilities for tomorrow:
Buy if sustains above 2660 for the targets of 2685 and 2700 until 2630 is intact on the downside.
If opens lower tomorrow, Buy near 2600 for the targets of 2630, 2660, and 2685 until 2570 is intact on the downside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
TORRNT PHARMATrack this stock, It is bouncing from the highlighted demand zone. As long as the stock closes above this zone, it's bullish.
TORNTPHARMA Takes Support at 200DMATORNTPHARMA is taking support at 200DMA and reversed today with decent volume. Looks like a good place for long entry with stop below yesterday's (18 Jan) low.
TorrentPharma triangle BD possible!After repeated failed attempts to push upwards TorrentPharma might just begin it's downward journey. The lower TL of the triangle has been tested multiple times including last day. One can go short if the lower TL is breached this time and 2600 in the short term and even 2430 levels to be tested in the coming days.
