TORRENT PHARM NSE:​TORNTPHARM

Had been rising continuously from the past 6 days, without breaking previous day low, today it has formed broken previous day low Short only if the previous day low is broken with stop loss at previous day 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 ...

....Levels mentioned in chart

Expect some Bounce back from current level

Trade on breakout.

Torrent pharma trading with -ve arbitrage where spot is trading 8 rupee higher than futures. Daily charts showing weakness at higher levels. HNI traders may employ a covered put strategy for a week outlook.G0 short in futures at CMP 1878.5 and sell 1850 PE at around 35-40 rupees and leave the positions till expiry or till you receive 3-5% ROI.

Targets on Charts

Short with aforesaid stop loss

Closely watch Torrent Pharma looks good above 1807. If Monday open above 1807 or hold above this level, Expect 3% to 4% will moves up.

Rejection of ~1800 level. Closed twice below in red of the resistance, Short only if PDL is broken with SL at PDH or resistance PDL - 1760.65 PDH - 1797 Resistance - 1810

Here goes the continuation of the last trade We booked the profit already last time. cdn.discordapp.com This time we short it again. Wish us luck. The core fact being, You can short ...

TORNTPHARM (Torrent Pharmaceuticals Ltd) #BUY ABOVE 1800

Short with the aforesaid Stop Loss

LOOKING TO OPEN A SHORT SELL TRADE IN TORNTPHARMA. USE APPROPRIATE STOPLOSS. ALL THE BEST.

Short futures with the aforesaid stop loss or short 1840 CE with a stop loss at the same place.

Levels mentioned in the chart!

Short at PDL, only if PDL is broken PDL - 1742.5 SL - 1802.9

It has completed its correction and form a base at 1540 levels. has crosses 1720-1740 levels which indicates change in trend. My target and my strategy is based on elliot wave theory. target of 1880 is interim target. Moreover i am expecting 3-4% upside on pharma index in next trading sessions

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