Info about the Stock
1. Torrent Power Q3 profit surges 86% YoY to Rs 685 crore, revenue grows 71%. Announces dividend at Rs 22 per share.
2. FNO stock.
If you are safe investor buy this stock at the Support : 496 .
Technical Analysis
A breakout occurred after a series of declines.The breakout is so much more powerful that the price opens as a gap-up.
The...
Torntpower Closing 517.95 With stoploss 499 then targest are 545-565+.
Buying Reason.
1 --> Price Breakout the Range.
2 --> Closing Above 200 EMA.
3 --> RSI is Above 60.
4 --> ADX is Bullish move and +DMI is rise.
5 --> Volume is Breakout.
Hello Friend's!
As you can the price is at the support after a long time. And also you could see that the price goes up whenever it touches the support, so a 80% LONG probability is present. But the target can be confusing to set when talking about it. So I've provide 3 target's to make the game sure. This could be easy if you set short target's and then reach the...
Classic example like shown in Anna Coulling Volume Price Analysis
How price completes its trend
1. Buying Climax after a brief uptrend
2. Goes into Range
3. Distribution Phase
4. Creation of New Shorts
5. Start of Downtrend
6. Profit booking Visible Stock slows down post that
7. Climax Volume Reached (Downtrend Stopped)
8. Stock again kept in range...
Power sector looking good, especially torrent power n power grid, will post power grid separately. In torrent power seems in last leg of selling, thus a good time to add, also a observation point daily rsi at around 23, last two times when rsi made this low , torrent power gave a good upside rally, which you can find on chart with vertical line (blue dotted) on...
Stock has given Breakout of Resistance line and now Retested the same line. Stock is a good buy around 530 with SL below 519(levels mentioned on chart)
Disclaimer: I am not SEBI registered
