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Published on 7/10/2019 9:42:33 AM | Source: LKP Securities Ltd

Pick Of The Week : Torrent PharmaCeuticals Ltd - LKP Securities

Posted in Broking Firm Views - Short Term Report| #Torrent Pharmaceuticals Ltd. #Pharma Sector #LKP Securities Ltd #Trading Report

*  Stock showed bounce from its previous double bottom breakout zone hinting can start its uptrend again

*  Good positive divergence is witnessed on hourly chart which is consider as early reversal sign

*  Also stock is trading above 100 DMA showing strength of the stock

Recommendation

Buy Torrent Pharma Cuticals Ltd @ 1,630 Stoploss 1,560 Target1,720 CMP 1,630

 

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