ALSO READDerivative Strategy on Bharat Forge by HDFC Securities Derivative strategy on Reliance Industries by Motilal Oswal Securities Option Strategy on Hindalco by Motilal Oswal Securities Derivative strategy on Tata Motors by Motilal Oswal Securities Derivative strategy on State Bank of India by MOSL
STOP LOSS: Rs 180
TARGET: Rs 193
We have seen long positions being built in Torrrent Power futures today. After making double bottom around 170 levels, we have seen accumulation in the stock with rise in the volumes Momentum Indicators and oscillators indicate strength in the stocks. It has reported robust quarterly result couple of days back.
Disclaimer: The analyst may have positions in any or all the stocks mentioned above.