TORRENT POWER breakoutTORRENT POWER breakout with strong bullish, shall pick for short term.
Target 1--->529
Target 1--->582
TORNTPOWER trade ideas
Head and Shoulder pattern in TORNTPOWERAn inverted head and shoulder pattern has been formed on 2hr time frame and is consolidating near the resistance, which can be a nice swing trade if it breaks above the resistance with good volume. 1st Target would be 525 as there is an another resistance at 530. SL would be 479 and entry can be done after 493 on closing basis.
TORRENT POWER | 15 mins \ INTRADAYBuying zone - 490-492
Target 500
If opens gap up - selling may come near 500, then look for reversal
[Buddha] TORNTPOWER Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
#TorrentPower Swing Trade #Harmonic #XABCD #NSETorrent Power can give a healthy long move after a big correction.
We can go long if find reversal at a minimum of 1 HTF.
Reversal Zones are marked with Dashed Lines.
Closing-based stop loss will be 488.80.
Short Torrent power Its a huge breakdown without a wick ........short it for 4-5% profit in few days .....Just for Educational purposes
TORRENT POWER TARGET 724TORRENT POWER good weekly closing. Strong closing in support. Third crossing above the trend line. Target 724
Torrent Power BreakoutTorrent power is on the verge of breakout abv 590.
Entry can be taken if atleast a 10 mins candle sustain above 590 for intraday target of 610.
And entry only after the retracement.
All the levels are marked on the chart.
Disclaimer: All the analysis and levels are for educational purpose.
Follow us for daily analysis.
TORNTPOWER Stock is Given good returnsDate on 04.02.2022 TORENTPOWER Stock is given good returns in Intraday(7.50% return).
1.Gapup & support taken at previous day high.
2.Stock is before the day Narrow CPR with consolidation stage.
3.Inside CPR and above 200MA Crossover 20&50MA in 5 Mins. time frame.
4.RSI positive with good volumes buildup compare to before days.
TORRENT POWER OOD BUY FOR ROI 45%TORRENT POWER (LONG TERM)
CMP: 580
TGT: 595, 640, 680, 715, 768, 835
SL: 510
Risk Reward (RR): 1:3.7
Potential Returns : 44%
Potential Loss: 12%
Time Frame: 6-12 Months
TORRENT POWERNSE:TORNTPOWER
positional trade
i will repeat when you are sure and cheak with your analysis
then trade or invest.
Thank You.
torrent powertorrent power moving in triangle pattern good to buy near support as risk to reward will be good around 530 with 520 sl
torrent power analysisthis stock will be bearish only if breaks trendline on close basis, if it does, then long in cash at 473.55 for target of 529 minimum
good luck
( Swing )-----#TorrentPower---- Rising Wedge pattern BOMulti timeframe Bo + parallel channel pattern BO + good volume + trading above all MA
Buy Point = 586
Target = 672
Stop-loss = 539
torrent Power taking support @ trendlineGood Risk to Reward trade trade in torrent power buy CMP with stop below 531 and target would be 586.
bullish jan 2022it is bullish with target 622 , the trade is set up from 44 moving average i hope you will trade this and earn handsome sewing money.
TORNTPOWERLevels plotted on chart
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
Buy Torrent PowerTorrent Power is looking good for long position. It has taken support from 50ema and has closed above its 20ema. It is a rising channel pattern and in a good uptrend.
TORRENT POWERStock is on trend line support. Also , it is taking support on 50 sma and forming a hammer candle giving us double confirmation.
Looks good for longs, can target ATH.
Torrent PowerTorrent Power, looks good at levels shown
RSI divergence, with W shape near to 40
W.RSI and M.RSI is more than 60.
[Positional] Torrent Power Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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