torrent power took strong support and broke its counter trend line decisively + there is a macd confirmation , if looking for entry make sure to enter @pullback and target till previous swing high i.e. 360/365/370
White Trend Lines completes AB = CD pattern of higher trend, while Yellow Trend lines completes the AB = CD Pattern on smaller trend inside a higher one and now a reversal from a low indicates a bullish move. A stop loss line should be studied well.
Torrent Power Ltd. engages in the business of power generation, transmission, and distribution of electricity. It also focuses on the manufacture and sale of cables. The company was founded on April 29, 2004 and is headquartered in Ahmedabad, India.