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Trading in a range--Torrent Power

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TORRENT POWER (NSE:TORNTPOWER)  
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NSE:TORNTPOWER   TORRENT POWER
Trend Analysis Chart Patterns torrentpower priceaction
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trendanalysis chartpattern torrentpower priceaction
The scrip is in uptrend and trading within a range for long. Now as overall market scenario is not bullish and the price has touched its upper trend line and to continue its trend the price has to come down to lower trend line.

So the scrip can be shorted at CMP for a TGT of Rs 530 in short term
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