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...
May be some news brewing or may be just the push for #NiftyPharma but torrent Pharma is all set to resume upwards journey with highly favourable risk reward ratio:
1. Closed above 23.6 percent fibo Retracement
2. RSI upturn from above 40 levels
3. Support line created for stop loss
