TorntpowerIt has broken out from good consolidation in spread chart. It may retest the breakout level and then go upsideLongby YS90
trendline breakout within the channel on TORNTPOWERtrendline breakout within the channel on TORNTPOWERLongby AlakzhandarUpdated 0
Buy Torrent powerAccording to chart anylasis power sector are bullish so we can buy TORRENT POWER @cmp 460 or above for immediate target 472 +++. BUY for short term 4 to 5 day.Longby babupagal0
[Turtle] Torrent Power 430PE Selling PE is bullish view. Betting on 430PE on Torrent Power. I got at 7 yesterday. You can take 420PE at 5. 430PE is illiquid. I will take the CE bet later on the month. Note - 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. ======= 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. ======= 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. ======= 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.Longby Amit_Ghosh7
TORRENTPOWER (idea update part 2)This is an extension to the analysis posted before. The stock has already given a 1:3 RR. The power sector is seeing huge inflows and that is expected to continue. Torrent power saw extra-ordinary buying volumes with low volume pullbacks. Time horizon : short term-medium term.Longby KashmiraLodha0
[Turtle] Torrent Power 480CE Max Pain Deviation BetSell 480CE Call options based on - 1. Resistance. 2. Max Pain Deviation If it touches 480CE, I will short 460PE to increase the BEP and make the delta same to as it is. (But I will have negative delta). Note - 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. ======= 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. Please refer to the link to my footer and explore further if You want. ======= 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. ======= 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. I also do my trades live, Please refer to the link to my footer if you want to tail me. =======Shortby Amit_GhoshUpdated 15
Tornt Power Range BreakoutRange Breakout Buy Torrent Power Closing Price - 450.6 Strict SL - 422 (DCB) Target - 495+++Longby ShareMarketCoachUpdated 1
TORRENT POWER (1 hour, breakout-retest)Torrent Power saw huge buying volumes after posting great results post-consolidation. It has given a breakout of the wedge-channel pattern on the hourly chart. The retest is done with extremely low volumes and it is currently at the support zone. Can go long for short-term. NSE:TORNTPOWERLongby KashmiraLodhaUpdated 0
Torrent PowerOn trendline breakout, go long Currently at strong support levels RSI at 50 levels Targets - 443, 456, 465, 478Longby chinmayagarwal22Updated 118
Torrent Power - price prediction based on correction movesEverything explained in the chart. Cheers :DShortby Mannelan1
torrent power chart analysistorrent power chart analysis for intraday and swing tradingby TRADINGENGINEER1431
TORRENT POWER - Short/Mid Term View On Monthly candle Stock had broken major resistance zone and made new high in March. Last month stock has taken support at the same zone (now acting as support) and risen again. Looks good for targets of 475-500 if breaks ATH in next few daysLongby Novicetrader2015Updated 0
TORNTPOWER : Perfect EntryTORNTPOWER > Hourly Chart > Very good Volume > BO done > Retest Done > CMP 450.60. Good to enter till 444. > Suport 423 on closing basis > May go 478, 513 Dtd : 23rd May TheCharts Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investingLongby TheCharts_Updated 112
Ready for the rocket launch 🚀🚀🚀🚀Good volumes and breakout in torrent power after declaring good results. Take your own call before investing.Longby Rishabh_980
BIG flag BO in Torrent PowerTorrent power day chart , Flag BO, volume BO.Big move post results , lifetime high. Closing should be seen.Longby PrateekSharma999222
TORNTPOWER - BREAKOUT AND RETESTA STRONG STOCK TO HOLD Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!Longby FAHEEMSAM0