DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Introduction:
Torrent Power is one of the leading brands in the Indian power sector, promoted by the Rs. 21500 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India...
TORENTPOWER 2.5x in next 2-3 years Possibility.
Based on monthly chart Pattern 2700+ Targets possible on TORENT POWER in next 2-3 Years
Happy investing.
The chart looks very attractive and aims to get minimum 7-9% return within few days itself
Hidden Divergence at Play
SL 880s
Target 1020s zone
Risk Reward is 1.22
1 – Two years consolidation
2 – Darvas box – Range breakout volume in weekly time frame
3 – Retest & 5 weeks of consolidation after breakout
4 - Continuation breakout confirms uptrend after 5 weeks of consolidation period
5 – Above all EMAs
6 – HH & HL pattern with trend line support
Aggressive entry level – 672
Safe entry level – 646
Stop level – 570 – -11.75%...
A Strategic Evaluation of Torrent Power's Momentum. Recognizing the Pivotal Influence of Institutions in Catalyzing Market Dynamics, this In-Depth Analysis Illuminates a Noteworthy Intraday Opportunity. Following a Period of Strategic Rest, Torrent Power is Poised for a Resurgence, with Every Indicator Aligned for an Uptrend.
The Inclusion of Significant...
NSE:TORNTPOWER stock formed like a symmetrical triangle pattern. buy entry is break and sustain above the 675 level.
Target 1 740 to 745 .
Target 2 785 to 790 .
Target 3 845 to 850 .
stop loss break and close below the pattern.
Since Nov21 the stock was trading in the range. It broke out with good volumes in the end of June23. It made a huge wick on the upside which shall be concerning but it can be the profit booking. It has retested the breakout levels recently. Last week we saw good buying coming in with volumes. For further confirmation, we should keep a watch on it and wait for a...
