TORNT POWER #StockMarket #StockIdeas #StocktoWatch #StockToBuy
Torrent Power has thermal power generation capacity of 3092 MW.
Torrent Power is one of the most efficient utility companies in the country.
It distributes power as licensee in the cities of Ahmedabad, Surat, Gandhinagar, Dahej SEZ and Dholera SIR (Gujarat)
Has franchisee in Bhiwandi, Shil, Mumbra and Kalwa (Maharashtra) and Agra (Uttar Pradesh).
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On weekly Chart Recent Volumes observed.
All power Sector growing, with green energy
One Can enter with 30% buying at Current levels
Or can buy above BO of 480 levels
Keep SL at 50DMA on closing basis or 430 to 490 levels for MT/ST holdings
Stock can perform for target of 500 to 530/550 levels minimum.
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Strict SL to be followed in every trade.
Torrent Power is one of the most efficient utility companies in the country.
It distributes power as licensee in the cities of Ahmedabad, Surat, Gandhinagar, Dahej SEZ and Dholera SIR (Gujarat)
Has franchisee in Bhiwandi, Shil, Mumbra and Kalwa (Maharashtra) and Agra (Uttar Pradesh).
----------------
On weekly Chart Recent Volumes observed.
All power Sector growing, with green energy
One Can enter with 30% buying at Current levels
Or can buy above BO of 480 levels
Keep SL at 50DMA on closing basis or 430 to 490 levels for MT/ST holdings
Stock can perform for target of 500 to 530/550 levels minimum.
---------------
Strict SL to be followed in every trade.