Torntpower is trapped (292-318)Torntpower is trapped in range of 292-318
Now as I am not expecting any more bad in coming days
so it may bounce from 296.50 levels to 321 in coming days
SL being at 284.90
Time frame being 15 days
TORNTPOWER trade ideas
Bullish reversal in TORNTPOWERit took support at 200DMA and created bullish reversal, go for long with a initial target of 330 with a stoploss below 200 DMA.only go for long if opens above today close price of 303 or closes above today's close.
SHORT TORNTPOWERA big negative candle supported by volume. Price can fall to 200MA.
Disclaimer: I am new to this platform and learning. The positions mentioned here are not based on real trades. Please trade at your own risk.
[HP] Torrent Power Short IdeaShorting future without stoploss. Will update on hedge.
My last two idea with same strategy -
MACD CHART FOR TORRENT POWERwhile a strong buy on torrent power , yet RSI shows over bought position. time to wait and reenter over 334.
TORNTPOWER - BEARISH TREND WITH HIGHER BUYING SENTIMENTSTORNTPOWER - BEARISH TREND WITH HIGHER BUYING SENTIMENTS
I am on the selling side.
Sell between 333 - 330
SL - 339
Target - 322
Sentiments(Average)
Buy 62 % Sell 38 %
Derivative Option OI
Maximum Call @350 (Resistance)
Maximum Put @275 (Support)
TorntpowerAlready broke the channel and bullish flag...Best buy flag upper line touch...
Sell only when come inside the channel...
Do your own analysis...
[Turtle] Torrent Power Iron Condor SetupBuy 270PE at 2.05
Buy 310CE at 3.25
Sell 290PE at 9.05
Sell 290CE at 10.4
rejection from same level NSE:TORNTPOWER is rejecting from same level multiple times , may breakdown
TORNTPOWER, Idea for Profit 8-Apr 2020After trading in closed range for many days, give breakout on long side. Looks strong above 296.1
Reach out for more details.
