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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