Torrent Pharma is at a long term strong resistance. A short can be initiated with a stop & reverse above 1800. The risk to reward is extremely attractive. A break out hitting our stop loss would make for a strong rally, and a good long trade, recovering the SL.
On the daily chart Torrent Pharma is rising within a channel range + at a strong support level @1450-1460, from where it may bounce towards 1600 if the support holds.
