Wait for a bullish reversal bar to enter. Watchlist
Torrent power is forming a bullish butterfly pattern. On the daily chart too, there is a bullish candle with huge volume expansion showing buying interest. Let me know what u guys think. Disclaimer: Educational purpose only
Torrent power is reaching a 10 year high. Strong close with volume above the resistance levels may take it to new high. Rejection may be marked with fall to the nearest support levels.
Level mark as penant pattern moving range 345-370
Progressive exposure. will add more. #fridaylash
Sell 370CE - 5.35 Buy 380CE - 2.85 Torrent Power is extremely illiquid. So unless you have huge margin don't touch it. It gives nice premium to compensate for the margin too.
Multi year breakout. Fundamentally strong. Long-term compounder. Will add more at higher levels. #fridaylash
Torrent Power looks' good if it will manage to sustain above it's Strong demand zone @ 335-340. If it will manage to sustain above this zone then it may test it's next Supply Zone @ 350-357 on the upper side. Thank u :)
Call for Monday August 17th 2020 // This is a swing trade call and not an intra-day trade // NSE:TORNTPOWER NSE: TORNTPOWER CMP / LTP: 342.9 IDEAL BUYING RANGE*: 334-350 TARGET: 412 (20% Around) STOP LOSS: 306-309 (10-12 % Max) DURATION: In 15-20 Trading Sessions Target should be achieved Notes: - *IDEAL BUYING RANGE: This is the pricing range if the...
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor only.
I have aggressively shorted it. You should wait if you follow strategy strictly. Alternatively you can also shoot call spread.
Look for breakout from Triangle pattern in TORNTPOWER and take trade .
Stock is in long term uptrend, so probably will break the trend line! Might be a good long Opportunity. Can book partial profit at hurdle or can trail SL.