Torrent Pharmaceuticals Ltd
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TORRENT PHARMA LONG TRADE

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Buy at current level around 2500
Target around 2760 supported by Fibonacci extension
Horizontal lines indicate buying price and targets
Risk management as per your risk appetite (I consider 5%)

Basis
1. Trending up as per SMA crossover
2. Monthly and weekly RSI above 60
3. Decent volumes
4. Volatility is high

Simple trade analysis

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交易开始
On the way towards target
交易结束:到达目标
First target reached. Trade closed

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