Torrent Pharmaceuticals has given an Inverse Head & Shoulders Breakout. Can retest the Level and then move higher
Torrent Pharma good for swing trade Buy : 3240-3250 SL : 3050 Target : 3750
BUY 3210-3220 T1 3245 T2 3275 SL 3170-DKM SIR I can see the upmove buy and hold as per your risk
Suggestions are based on my analysis only. Please do your analysis before taking any trade.
ascending triangle breakout possibility, price is positive, breakout having volume rsi showing strength, what else you want edge with hedge
POSITION CALL TORRENT PHARMA ABOVE 3250 TARGET ,3400,3500,3600,3700 don't miss, holding period 1month
in hourly timeframe TORNTPHARM is breaking out of this nice consolidation could reach up to 2950 / 3000 levels by this week
NSE:TORNTPHARM Observations: 1) On 1day time frame, it is trading between 200DMA and 400DMA. 200DMA will be immediate resistance and 400DMA will be major support. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame we can see level 2800 is immediate resistance and 2700 level is major support. Breakout of 2800 will give a good up move....
Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Consolidation is seen in TORNTPHARM near a support on the day chart. One can go long for the gains of 8% from here with a strict stoploss of 4%.
Go Long above 2899.1 for Targets of 3013.5, and 3127.9 with SL 2784.7 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci...
it takes good support at trendline And it makes w pattern witch is confirmation for buying
torntpharm chart analysis for intraday and swing trading
Torrent pharma: Rectangle pattern (Time frame-1Week) . Chart time frame -1 Week Trade type -Short term Duration - 2 months Entry - 3250 Target 1 - 3800 Stoploss - 3000 Risk : Reward - 1:2.2 Leave us a comment or like to keep our content for free and alive. Have a great day everyone! Disclaimer: All charts are purely for educational and information purpose...
It’s in a consolidation phase and volumes have dried up, could give a breakout soon. My target would be around ₹3250. I am not a sebi registered analyst. Charts are only for educational purpose.
Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Target 4000 SL 2990 IF you can buy so with your trading stratgy
Torrent Pharama false breakout by prajapati9951....