TORNTPHARM trade ideas
TORRENTPHARM NEAR BULLISH MOMENTUM VIEWThe price trading near weekly demand zone . A significant decline has been seen in the price and the price is now trading near the demand zone. so the price can takes rest from the decline and can move upwards from the support zone and RSI also taking support near 40 level which shows upward momentum of price.
If price respects this levels than price can move for their upper targets of 1560/1595+
#TORRENTPHARM 📊
👉Price at weekly support zone 1430📈📉
👉RSI at 40 support
👉Support seen at 1445/1450✅
👉Reversal sign📈
👉If holds then its can move for 1560/1595+🎯
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
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TORNT PHARMA 1D SHORT viewTorrent pharma reversing from a very important Resistance zone.
Good to go for puts or shorting calls (if you are an option seller) in this stock.
It can easily give a god fall of around 200-300 points.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Torrent Pharma IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Torrent Pharma Torrent Pharma is looking good to go Long above 3300, all key levels are mentioned in chart along with stoploss and targets.
Overall look
Zoomed view
Weekly macd positive crossover and Uptick and also above zero line
Daily macd positive crossover and Uptick and also above zero line
Rsi in daily above 60 uptick
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Torrent Pharma Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed near 200 EMA & below support zone & the lower trendline. The target is placed near swing high.
