Tornt Power

Hi friends

I am back with my Analysis (Seniors/Experts Desperately needs ur comments)

Buy Tront Power:
Look at the sudden increased in volume (Blast in Volume) that leads to Break-out.

MA Crossover: Red line above the blue one Bullish.
MACD: Slope upward, above zero means Demand is increasingentering into Bullish Zone.
OBV: Increasing a good sign.
Stoploss: Your stop loss will be at 80, 74 or at the point where that trend line breaks.
Target:Above 95-100 (If support of 80 doesnt break)


Disclaimer: This recommendation is just my analysis according to my knowledge. A person following it will be solely responsible.

More analysis with diff. stocks and indicators coming up .

Regards,
Luckytrader.

Bulls-eye. (Today High around 90.00)

Now I am really Lucky..

Great going Lucky !! Its great to see you posting your analysis with logical reasoning. More ! more !

We have another Saint in the making!

Btw it may also have formed a bullish wolfewave, perhaps our ww experts can comment on this.

For some reason the stock is being powerfully propelled upwards over the last three days which is manifested by the 3 consecutive long white candles, was there any important news announcement pertaining to this stock a couple of days ago?

Thks Marcus for encouraging me...

Wolfe wave . Heard a lot but not yet studied .

Dont know exactly the reason behind such a vast volume especially in this period (Bear market) where the common people are away. I think smart money is enteringno idea! Just guess.

Will only know after few days.

Regards,
Luckytrader.

Torrent power had yielded about a billion CARBON credits. and it is the cause of its run. 100 is the target now. can invest for long term also : as its supplies are at SURAT, and it will constantly earn these carbon credits in the coming years.

Also POWER is the bullish sector. watch JP HYDRO, REL, LANCO(LITL) and at last GIPCL also.