Torrent pharma is growing exponentially without any break. once it cross above 2090, It can give a 13 to 25 % move
on weekly charts , there is a negative divergence ie price rising while MACD falling low risk oppurtunity to short Target and SL marked
CMP 2111.55 BUY ZONE 2090-2115 SL 2018 TGT 2349 (Positional View)
TORNTPHARM (1D TF) Swing Trade Analysis given on 3rd December, 2023 (Sunday) Pattern: NECKLINE BREAKOUT - Trendline Breakout - Done ✓ - Retracement + Consolidation - Done ✓ #stocks #swingtrade #chartanalysis #priceaction #traderyte #torntpharm
Torrent pharma waiting for breakout 2110 level. Stok movement is good for swing trade. wait for cross and close in 4 hours. After that there is no hurdles we expect this price to reach 2270.
TORRENT PHARMACEUTICALS LTD Breaking out of a CUP pattern. Stock at new 52 week high. Torrent Pharmaceuticals Ltd.'s Revenue was higher than average estimate 2 times in past 3. FII/FPI have increased holdings from 12.85% to 13.15% in Sep 2023 qtr. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
Go long IF price croses 1851.95 Entry: 1852 Stoploss: 1771 Target: 2010
Torrent Pharam is an interesting chart with following factors 1. Ascending Triangle Breakout on Daily Chart 2. Narrowing Bollinger Bands and Price moving on upper Band 3. 20 Week SMA support at 1918-1920 zone 4. Narrowing Bollinger Bands on weekly charts 5. Daily / Weekly / Monthly all RSI above 60 6. Daily Super trend signal changed to Buy Good Risk reward...
Finally breaking out of the consolidation on watch for today close
torntpharma looking strong stock consolidate higher low making good price action if daily candle close above 1950 it will give good upmove minimum 2100 then 2250 note only for educational
Torrent Pharma is creating ascending triangle on Weekly chart. Predicting before breakout. #Pharma #BankNifty #NiftyPharma
Analysis on Daily Basis 1. BOS 2. CHoCH 3. Sideway Channel Potential Downside after sideways channel breakout downside.
Buy Above : 3250 Tg : 3730 CBSL : 3000 R:R – 1:2 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
On 4 hrly chart, the level of 1909 had been a support zone in the last two months, There is a breakdown with good volume and a strong breakdown candle . Tgt and sl are marked on chart
sell around 1967 upto 1980 sl close above 1983.1 easy tg 1920 tg2 - 1896 Disclaimer : This is my personal analysis for study purpose not intended for trading.
Buy near 1933 sl close below 1916 easy tg 1960 tg2 - 1990 Disclaimer : This is my personal analysis for study purpose not intended for trading.
R1 break out Target R2 Buy when next day Close cross the rvious high
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% Please consider these ideas for educational purpose Comment below if you are looking for any answers.