TORENTPOWER 2.5x in next 2-3 years PossibilityTORENTPOWER 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.
TORNTPOWER trade ideas
Torrent Power Bullish BiasThe 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
TORNTPOWER - Darvas Box Pattern - 36% ROI1 – 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% ROI
Target 1 – 790 – 22% ROI
Target 2 – 880 – 36% ROI
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
Institutions Forcing Torrent Power For Next MoveA 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 Institutional Players Bolsters the Anticipation of a Substantial Move. Thorough Examination of the Current Landscape Affirms the Credibility of This Momentum Shift. As the Tide of Institutional Interest Swells, Torrent Power Emerges as a Focal Point for Discerning Investors.
Against this Backdrop, the Intraday Target of 855, Reflecting a Targeted Gain of Over 3.5%, is Rooted in a Prudent and Analytical Approach. Investors are Advised to Navigate this Opportunity with Strategic Precision, Leveraging Comprehensive Research and an Understanding of Institutional Dynamics to Position Themselves Advantageously within the Torrent Power Intraday Landscape."
TORNTPOWERNSE: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.
$TORRENTPOWER - Weekly Chart AnalysisSince 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 weekly close in the range or above 633-650 (Orange lines) with good volumes which may confirm further move.
Stock is also trading above its key moving averages which builds our conviction.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you want to trade then please due your own due diligence and trade at your own risk.
Breakout trade but unable to enter due to fast moveBreakout trade but unable to enter due to fast move today. Operator may send for correction and fakeout .
Breakout and retestBreakout of crucial level is important indication of higher prices to come.
When such breakout creates all time high it means that market participants are now willing to pay higher prices.
A retest of earlier resistance from above creates good buying opportunity for investors. Here there is low risk and high return. Also success probability are high for such setup.
2 Amazing swing trade ideas for 5 Sep Markets I daily make educational content videos for swing / positional trading
Tornt PowerFinally broke out was on watch for long time now... only backfall of this breakout is low volume rest looks good
torrent power- long price above short intermediate long term moving average
price>3>6>18>50>200 MA
symmterical triangle outbreak likely
good results
Torrent Power LtdTorrent Power Ltd - short term
Nice breakout, traders keep this stock on your radar to catch the Momentum.
Buy above 647 | Tgt 668 | sl 630
It is my view and trade your own analysis
Torntpower swing tradeLong Torent-power after the BO of resistance area above 642 for the target price of 722 with the SL of 615. On the daily chart, the stock has been forming the W pattern & taking the support of the 50 EMA level. This is for your educational purpose only.
torrent power is turning positive, and looking good for longtorrent power is showing volume break-outs and looking good script for long, only for education purpose
Torrent power to go longLong after the break out only. High probability that this time stock is going for a lifetime high. It seems the long consolidation period is going to end soon. Keep the stock on your watchlist. This is for your educational purpose only.
EXCITING BULLISH PATTERN📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Channel, Breakout and retest.
📌 Symbol/Asset: Torrent Power
🔍 Description:
Moment Stock with breakout and retest
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Torrent Power Following Observation in Torrent Power.
1. Broken the Resistance R1, R2 with Good Volumes
2. Retracing back to broken Resistance which may act as Support, Change in Polarity concept.
3. While retracing back selling volume is less.
4. Fundamentals are also quite good.
Note : it's just my Analysis which could be wrong too, not any buy or sell recommendation.
