Technical view by Nooresh

Torrent Power — Good Breakout and a Medium Term Buy.



Torrent Power --- This is one stock which gave super returns in the day. Bought at 222 sold at 245.

The breakout seems a major turnaround with supporting volumes. One can accumulate the stock on every dip with a target price of 270-300. Stoploss 210.


Disclosure: Have a bullish bias as already advised at lower levels and booked decent gains.



DELHI 18-19 February

MUMBAI 25-26 February

Also if you would like us to do the program in your city and have a group do let us know

To book your seat call Kazim 09821237002. If you would like to speak to me regarding any doubts SMS me  Nooresh – 09819225396 ( will get back to you post market hours )

Happy Investing,

Nooresh Merani

Article by Nooresh Merani

Nooresh has written 2532 articles.

You can follow Nooresh Tech on Facebook and Twitter here.

{ 1 comment… add one }
  • Pankaj Shah March 5, 2012, 17:08

    Dear Nooresh,
    hi !
    look at volumes and change in direction today. time for reversal in upward direction again.i had also tracked on same day and traded for good returns again i added today. but it did not close cleanly.will see follow up in coming days……..
    Pankaj Shah


Leave a Comment