Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(TORNTPHARM) Torrent Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Torrent Pharmaceuticals | (TORNTPHARM) share price targets

Complete technical analysis of Torrent Pharmaceuticals (TORNTPHARM) by charts plus indicators, forecast predictions and share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Torrent Pharmaceuticals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-04-29 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 210853

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	2687.45	2696.80	2698.95	2653.50	1.032 times
26 Fri Apr 2024	2691.00	2700.15	2729.20	2685.10	0.696 times
25 Thu Apr 2024	2694.30	2691.90	2702.05	2672.00	0.651 times
24 Wed Apr 2024	2686.45	2639.90	2699.00	2639.90	1.207 times
23 Tue Apr 2024	2637.40	2610.00	2645.55	2583.95	1.357 times
22 Mon Apr 2024	2591.90	2562.10	2616.75	2544.45	1.319 times
19 Fri Apr 2024	2539.40	2540.00	2560.00	2523.05	1.363 times
18 Thu Apr 2024	2546.85	2555.00	2585.50	2532.00	1.254 times
16 Tue Apr 2024	2537.60	2519.00	2546.00	2505.30	0.565 times
15 Mon Apr 2024	2519.85	2530.50	2574.85	2514.00	0.957 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2663.2, but if it comes below 2663.2, then a intra day sell could be more profitable.
If you take a sell trade below 2663.2, then use 2663.2 as stoploss and 2605.6 as target. However if you take a buy trade in stock , then use 2663.2 as stoploss and 2732.3 as target.

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	2025.70
Downside Target	2288.70
Downside Target	2480.65
Downside Target	2626.90
Downside Target	2653.50
Upside Target	2689.70
Upside Target	2698.95
Upside Target	2700.00
Upside Target	2729.20
Upside Target	2744.00

Intraday share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Intraday Target	2660.98
Downside Intraday Target	2634.52
Upside Intraday Target	2706.43
Upside Intraday Target	2725.42
Downside Intraday Target	2679.97

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	2687.45	2696.80	2698.95	2653.50	0.197 times
26 Fri Apr 2024	2691.00	2562.10	2729.20	2544.45	1.263 times
19 Fri Apr 2024	2539.40	2530.50	2585.50	2505.30	1.124 times
12 Fri Apr 2024	2577.70	2595.05	2626.90	2534.50	0.545 times
05 Fri Apr 2024	2577.10	2608.70	2689.70	2525.45	1.537 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	2687.45	2608.70	2729.20	2505.30	0.726 times
28 Thu Mar 2024	2600.60	2686.10	2744.00	2487.80	1.338 times
29 Thu Feb 2024	2666.10	2537.50	2700.00	2480.65	0.843 times
31 Wed Jan 2024	2531.10	2325.00	2551.80	2288.70	0.835 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Torrent Pharmaceuticals (TORNTPHARM)

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Torrent Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Torrent Pharmaceuticals in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Torrent Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Torrent Pharmaceuticals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Torrent Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2609.43 and Torrent Pharmaceuticals (TORNTPHARM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Torrent Pharmaceuticals (TORNTPHARM) stock. Volume based technical analysis of Torrent Pharmaceuticals (TORNTPHARM) stock is negative.

Torrent Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.