Torrent Power - Technical Learning

Torrent Power - Technical learning 1) Chart attached in media -

2) This is daily chart 3) There we have drawn SMA 50 4) We see that the stock is gracefully respecting SMA 50 on daily chart 5) We assign very good importance to SMA 50 6) Earlier the same SMA 50 was working as support 7) Now the same SMA 50 is working as resistance. after the breakout good up move is expected. 8) This is all for information 9) This is not a buy/sell call Thank you, Technofunda24