TORRENT PHARMA CASH : LOOKS GOOD SELL BELOW 2110TORRENT PHARMA CASH
18 FEB 2020
SELL BELOW 2110
STOPLOSS 2132
TGT 2090-2092/2072
(ALL LONG ABOVE 2160 ONLY
FOR 2185-2188/2218 SL 2130)
CMP 2133.50
TORNTPHARM trade ideas
Short with SL 2150 for target 2080near upper Bollinger band in Day Chart and bearish divergence in MACD
do you see what i see ?This is the classic example of arrogant stock , despite many efforts its not coming down , any up side move one can ignore or book profits ( in case holding)
I do not consider its a better idea to go long if it move up , but any drop out of the current small structure one can expect a sharp drop to price mark level
so be-patient , not every stocks are tradable when viewed the status and argument between sellers and buyers
Rest for a while until this noise completes
Good day
TORNTPHARM 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.
Torrent pharma - Is it going to touch the neckline? Target 1930!If the channel is broken, expect a huge target. But before taking that massive move, price action suggests a neckline retracement. Study purpose only.
Torrent Pharma looks weak below 1900.6. sl 1956.3 For more details subscribe our youtube channle ( Technicalanalysisworld)
TORNTPHARM 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.
Torrent Pharma Bullish ViewTorrent pharma may take support from Trendline.
Chart is shared for educational purpose.
Torrent Pharma : Range break out with huge volumeA range is broken with a huge volume in Torrent pharma. This clearly indicates a big up move in the stock. One can go long for positional trade.
Intra - Torrent Pharma above 1900 to go 10-15 pointsIt's not a positional view but purely for intraday 16th Jan.
On daily a pattern is forming but that's not validated any trades yet.
Considering the result is in corner better not to rely on any pattern.
TORNTPHARM - Buy Green Candle above 1963TORNTPHARM - Buy Green Candle above 1963
If Pattern Failed Short below 1805
