Torrent power has given breakout from parallel channel in daily time frame, along with good intensity of volume, also challenging upper bollinger band in daily time frame, it suggests to go long with stop loss of 498. one can go long at these levels or in dips (if any ), all the key levels are mentioned in chart along with stoploss and targets.
key levels breakout from parallel channel with good intensity of volume in daily upper bollinger band challenged in daily rsi in weekly above 60 and also uptick rsi in daily above 60 and also uptick macd in weekly positive crossover above zero line and also uptick macd in daily positive and uptick above zero line dmi adx positive along with ungali
Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.