Torrent Pharmaceuticals Ltd
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TORRENT PHARMA LONG TRADE

112
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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交易進行
On the way towards target
交易結束:目標達成
First target reached. Trade closed

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