Purchase TORRENT PHARMA FEB Potential @ Rs 2,090
Halt loss at Rs 2,040
Goal of Rs 2,250
Rationale:
— The stock value has registered new all time significant with bigger volumes
— Increased tops and bigger bottoms on the everyday and weekly charts
— Stock value is also put higher than all crucial relocating average parameters
— Long build-up is found in the Derivatives Segment
We propose purchasing Torrent Pharma Feb Fut at the latest market value, for the upside focus on of Rs 2,250, retaining halt-loss at 2,040.
