TORRENT POWER (1D TF) - Swing Trade Analysis given on 13th March, 2024
Pattern: ASCENDING TRIANGLE - Volume buildup at Resistance - Done ✓ - Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress
Nota
TORRENT POWER Update (as of 19th March, 2024)
- Stock has shown strenght in a Weak Market - Did not break the lower trendline but took support - Proper pullbacks from the lower trendline - Volume buildups with Accumulation
Nota
TORRENT POWER Update (as of 22nd March, 2024)
- Updated chart as of today - Stock Retested the Demand Zone and has taken Support - Consolidation is in progress - Possibility of a sold upmove towards the Target Level
* Disclaimer
Trade attivo
TORRENT POWER Update (as on 1st April, 2024)
✓ 18% in just 12 Trading Sessions
- Our Target Level was achieved with a breakout - Strong volume candle shows buildup - TSL is on
* Disclaimer
Trade attivo
TORRENT POWER Update (as on 13th June, 2024)
✓ 33% Up in 57 Trading Sessions
Another Breakout in the making?
- The stock has been showing strength even after its falls - Did not break it low (at the previous swing low) - Just trailing to maximise the profits
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