Ascending triangle breakout - although the entry could be early as its a non-stop breakout - a consolidation near resistance would have been much appriciated
A Healthy Uptrend in Monthly TF. We might see the breakout above ATH in coming months.
Looking for a short trade in the script
TorrentPower Stock Options 27-Aug-2020 Call 370.00 8.00 8.00 1.85 2.45 5.20 2.30 -2.90 -55.77 733 103.79 Stock Options 27-Aug-2020 Call 360.00 10.05 11.90 3.70 4.95 9.15 5.00 -4.15 -45.36 335 75.98 Stock Options 27-Aug-2020 Call 365.00 7.10 9.45 2.30 3.35 7.05 3.60 -3.45 -48.94 331 62.66 Stock...
Torrent Power retraced from golden ration but it may come down till PRZ 304 ... Targets on chart..
NEED TO CLOSE ABOVE 350 AND 357 IN DAILY OR WEEKLY CHART FOR NEXT BIG MOVE ! AS OF NOW NO BUY IN CMP !
#TORENTPOWER is week and treading down and looks week in technical parameter. Showing Bearish result in Technical Parameter: CCI is treading down RSI is treading down Stoch is treading down DI- is trending UP from DI+ ---------------------------------------------------------- Support : 307.20 and 300 Breakdown : 312.80 LTP : 317.70 Breakout : 322 Long Target :...
Stock has broken a trendline with a huge bear candle with good volume on intra -charts. higher Higher, higher low Structure of the stock is still maintained. Stock has support around 327 levels , it is the levels from where stock has given the breakout and also retest it before rallying, hence it is important to see how price action will unfold around these levels.
TORNTPOWER - GO SHORT @ 261 WITH A SL OF 374 AND A TARGET OF 243. TARGET SHOULD BE ACHIEVED BY MID-AUGUST 2020
Look good for long once get BO , volatility contraction observed. once breakout happens expected target of 325+
Enter above 353 with same as the sl for the target of 369, it near 52 week high which is 347, can be entered at this level too, but then sl would be a bit deep.