A bull can give power to Torrent Power

A Formation of Bullish Harami can be seen in the Chart of TORRENT POWER at around the current levels of the stock. Thereby, indicating a trend of bullish reversal herefrom. Moreover, currently the stock has a relatively good volume with an RSI of greater than 50. In addition to which, as per the chart, the stock can go up to the level 545 and 549, where it can face a resistance, while on the downside the stock has a support of 535 and Today’s closing price of the stock is 540.60, dated : 17.11.21

Note : This Analysis is valid for the Next Trading Day only.

Kommentera:

wow! First Resistance Crossed 545