Torrent Power Limited
לונג

TORRENT POWER ABCD PATTERN AND CLUSTER OF SUPPORTS

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TORRENT POWER is trading at 1501 levels and has following cluster of moving average supports

100 Day EMA 1448
200 Day EMA 1455
20 week SMA 1433
50 Week EMA 1433

ABCD pattern under formation on weekly chart
Rounded Bottom like pattern on daily charts

Lets See How it Evolves.

Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.

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