TORRENT POWER LTD
Long
Updated

TORRENT POWER : Bullish due to forming inverted head & shoulder

207
  • INVERTED HEAD & SHOULDER PATTERN -

    the stock has formed an inverted head & shoulder pattern on daily chart indicating strong upward momentum for the stock

  • TRENDLINE BREAKOUT -

    price has broken out of a strong trendline & has taken support on it indicating strong bullish momentum for the stock
    snapshot
  • TARGET -

    price will go till 1629 level
Trade closed: stop reached
market did not follow the prediction due to the volatility created in the market from the budget announcement by finance minister

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