Torrent power is comfortably trading above 505-507 levels from the past few trading sessions. Sustaining the same, the stock would be probably moving towards 540 -550 levels. CMP: 513.55 Type of Trade: pullback - swing long trade Invalid below 500 levels
This stock is uptrend and it follow 100 EMA. It take correction and bounce back now at this time it take good correction and next it can move up so it will an opportunity for swing trade
Now this a form of a channel with a double bottom confirmation neckline is also broked and waiting for a strong bullish candle pattern to enter . and another possibility is this is can broke below and retest the channel pattern upper line then move into targets look for a buying!
NSE:TORNTPOWER looks good above 607. If Stock sustain breakout abv 607 and close on weekly basis . Might be good momentum . Just add in watchlist.
It has given trendline breakout....will it move up to 570/590/605+++??? I m not sebi regt analyst.. post is only for an educational purpose...do ur own diligence or check with ur financial advisor before taking any position
Torrent Power is looking positive.. it retested the support line and moving higher. its a low risk trade..
Torrent power all levels given in chart with clear details and trade on ur own risk and reward
Cup and handle on Torrent power, suggests this is a fine buy just above 490 with targets of 490+ 60 = 550
Torrent Power_Cup & Handle Red zone is SL Whats your view on it?
Long trade on Torrent power with stoploss of 445 Target open till 510+
Torrent Power made inverted head & shoulder on smaller time frames with good volumes. Could be bought with mentioned stoploss & targets.
Torrent power broke out of triangle pattern with good volumes on an hourly chart. Could be bought with mentioned soploss & target.
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TORNTPOWER : Details shared already in chart. follow candle stick pattern before entering Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
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TORNTPOWER looking good as it is foming inverse HEAD & SHOULDER pattern. It is breaking high of more than 1 month high. Looking target 520++ in very short term. We are Keeping on radar Torntpower 500 CE cmp 10.00
torentpower buy at 590..or buy at 555, target 600. trail sl in profit
Torrent power has made an bullish butterfly pattern on hourly chart & also trading above its 50% fib retracement level of 548. Could be bought with mentioned stoploss & targets.