Torrent Power Ltd – Potential Bullish Reversal

Torrent Power is showing signs of a short-term rebound after finding support near ₹1,200–₹1,220. The latest bullish candle indicates renewed buying interest, but confirmation above key resistance levels is essential. 🔎 Technical Highlights: • Recovery from the ₹1,200–₹1,220 support zone • Short-term momentum showing signs of improvement • Resistance at ₹1,263–₹1,295 remains crucial 🔑 Key Levels: • Support: ₹1,231 ₹1,204 ₹1,190 🚀 Upside Targets: ₹1,263 → ₹1,295 → ₹1,327 → ₹1,359+ 📉 Risk Scenario: A breakdown below ₹1,204 may weaken the recovery and expose ₹1,190–₹1,166. 📈 Trading View: Sustaining above ₹1,263 may support further upside. A breakout above ₹1,295 could strengthen bullish momentum towards higher resistance levels. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS SEBI REGISTERED RESEARCH ANALYST