Symmetrical Triangle pattern in Torrent Pharma

Symmetrical Triangle Breakout Setup
Torrent Pharmaceuticals Ltd (TORNTPHARM)
Breakout Level: ₹3,300
Stop Loss: ₹3,150 (below triangle support)
Target: ₹4,000 (based on height of triangle)
Risk:Reward: ~2.8:1

✅ Technical Confirmation:
RSI near 52 — momentum shifting bullish above 55.

MACD positive crossover, rising histogram — trend strength improving.

Volume: Awaiting breakout candle with above-average volume for confirmation.

EFI (Elder Force Index) turning positive — signals potential surge in buying force.

📌 Strategy Insight:
A breakout above ₹3,300, backed by volume and momentum, could lead to a sharp trend continuation toward ₹4,000. The symmetrical triangle represents consolidation after trend — a potential bullish continuation pattern.