torrent pharm bull flag pattern. now reversing from the lower part of the flag. you can view it as a triangle formation also.
buy at current market price. with a stoploss of 2320 or 2275 which ever suits you for a target of 2500....2600++
Check out this chart. why nifty reversed today. so many resistances were coinciding at the same spot. first 200ema is an important level.the trendline is also at the same level. also if you plot finonacci levels u will find 61.8% retracement level at the same spot. so many resistances are at the same level. so a strong resistance is at the level. now need to check...
hindustan univ taking trend line support and also support from 20EMA reversing. consolidated for some time and now has given range breakout.
Buy at curent market price and can be bought in dips till 2100. stoploss will be 2050. target 2250..2300..2400++