TORNTPHARM : Consolidation Breakout

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Stock is showing consolidation Breakout on ATH level, which is good for stock. Depends on its upcoming results the rally will be continue. Showing Head and Shoulder Breakout

All data is available in public domain..

CMP : 3600
TG : 4200
SL : 3290

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.


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