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Umang Bhutada

6th Feb · SEBI-Registered Analyst

Torrent Power Limited

TORNTPOWER
Technical Long consolidation between ₹1,200–1,500 for 1 year. Now pushing towards range high ₹1,490–1,630. Pre-breakout structure visible on weekly. Levels Support: ₹1,220 Resistance: ₹1,630 / ₹2,035 (ATH zone) Fundamentals Strong distribution business + renewable expansion. Stable cash flows, improving return ratios. Defensive + growth mix. Verdict: Range high approach. Break above ₹1,630 can trigger fresh rally.

#TechnicalViews#FundamentalViews
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