Torrent power on radar for swing entry

28 Eyl 2022

Power sector looking good, especially torrent power n power grid, will post power grid separately. In torrent power seems in last leg of selling, thus a good time to add, also a observation point daily rsi at around 23, last two times when rsi made this low , torrent power gave a good upside rally, which you can find on chart with vertical line (blue dotted) on 24feb, 13/19 may, and now on 26sep, weekly chart indicates a retest of breakout level around 470 level, it may or may not touch and start upside journey for initial target of 550, 580.