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Dhwani Patel

13th Aug · SEBI-Registered Analyst

Torrent Power - Head and Shoulder Breakdown, Lower targets in sight.

$TORNTPOWER - has broken down from a clear Head & Shoulders structure, with the neckline around ₹1,370 now acting as resistance. The breakdown shifts the near-term bias bearish, with ₹1,290 as the immediate support and ₹1,150 as the broader downside zone. A sustained move below ₹1,290 can strengthen the bearish setup and keep the focus towards ₹1,150. Reclaiming ₹1,370 would be the first sign that the breakdown is losing momentum

#TechnicalViews#StockInNews#Today’sTradingSetup
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