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 2024-09-18 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 202270

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	3359.60	3467.00	3476.50	3348.25	0.991 times
17 Tue Sep 2024	3453.25	3468.90	3476.70	3444.45	0.724 times
16 Mon Sep 2024	3453.90	3460.40	3483.05	3440.65	0.411 times
13 Fri Sep 2024	3451.70	3480.80	3498.80	3424.45	0.988 times
12 Thu Sep 2024	3461.45	3460.00	3525.00	3450.30	1.923 times
11 Wed Sep 2024	3435.55	3455.00	3470.00	3420.10	0.998 times
10 Tue Sep 2024	3426.15	3385.00	3492.80	3385.00	1.82 times
09 Mon Sep 2024	3431.10	3416.00	3443.45	3364.15	0.842 times
06 Fri Sep 2024	3416.70	3454.50	3465.00	3407.85	0.517 times
05 Thu Sep 2024	3442.50	3450.05	3496.75	3430.05	0.903 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3379.4, but if it comes above 3379.4, then a intra day buy could be more profitable.
If you take a sell trade below 3379.4, then use 3379.4 as stoploss and 3330.2 as target. However if you take a buy trade in stock , then use 3379.4 as stoploss and 3420.33 as target.

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	2519.95
Downside Target	2570.45
Downside Target	2757.90
Downside Target	2980.00
Downside Target	3156.45
Downside Target	3257.15
Upside Target	3395.00
Upside Target	3483.05
Upside Target	3523.00
Upside Target	3525.00
Upside Target	3574.00

Intraday share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Intraday Target	3310.88
Downside Intraday Target	3262.17
Upside Intraday Target	3445.68
Upside Intraday Target	3531.77
Upside Intraday Target	3396.97

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	3359.60	3460.40	3483.05	3348.25	0.324 times
13 Fri Sep 2024	3451.70	3416.00	3525.00	3364.15	1.313 times
06 Fri Sep 2024	3416.70	3503.45	3523.00	3395.00	0.478 times
30 Fri Aug 2024	3485.15	3353.80	3574.00	3311.00	2.643 times
23 Fri Aug 2024	3349.35	3348.95	3391.95	3324.05	0.681 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
18 Wed Sep 2024	3359.60	3503.45	3525.00	3348.25	0.412 times
30 Fri Aug 2024	3485.15	3172.05	3574.00	3156.45	0.863 times
31 Wed Jul 2024	3171.75	2796.10	3257.15	2757.90	1.759 times
28 Fri Jun 2024	2791.30	2712.00	2980.00	2570.45	0.713 times

Scroll below to view daily charts

Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Torrent Pharmaceuticals in short term but the sell signal is initial and weak.

Torrent Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Torrent Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 3434.22 and Torrent Pharmaceuticals (TORNTPHARM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.