Torrent Power – Trend Reversal on Weekly Chart

Stock was in a downtrend but has now broken the trendline and is showing a bounce from support near ₹1,200 zone.
Upside targets: ₹1,480 → ₹1,602 → ₹1,715
Support: ₹1,190

Key Highlights:
Govt’s Electricity (Amendment) Bill 2025 may boost private power players.
Torrent to invest ₹22,000 cr in a 1,600 MW thermal project in MP.
Expansion in renewable & LNG supply deals adds growth visibility.

Sentiment: Positive / Bullish reversal expected if price sustains above support.

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