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(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 2024-09-26 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 235225

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	3412.30	3425.00	3449.70	3364.05	1.111 times
25 Wed Sep 2024	3428.05	3490.10	3492.00	3414.05	0.871 times
24 Tue Sep 2024	3470.90	3468.60	3494.90	3456.40	0.729 times
23 Mon Sep 2024	3457.65	3477.95	3520.35	3424.75	0.743 times
20 Fri Sep 2024	3457.80	3365.30	3481.90	3355.05	2.22 times
19 Thu Sep 2024	3351.90	3348.10	3394.85	3320.95	1.106 times
18 Wed Sep 2024	3359.60	3467.00	3476.50	3348.25	0.852 times
17 Tue Sep 2024	3453.25	3468.90	3476.70	3444.45	0.623 times
16 Mon Sep 2024	3453.90	3460.40	3483.05	3440.65	0.354 times
13 Fri Sep 2024	3451.70	3480.80	3498.80	3424.45	0.85 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3403.3 as stoploss in an intra day buy trade for a target of 3435.72. However, stock will show a bearish move below 3403.3.

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	3483.05
Upside Target	3520.35
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	3344.12
Downside Intraday Target	3275.93
Upside Intraday Target	3500.42
Upside Intraday Target	3588.53
Upside Intraday Target	3432.23

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	3412.30	3477.95	3520.35	3364.05	0.67 times
20 Fri Sep 2024	3457.80	3460.40	3483.05	3320.95	0.912 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

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
26 Thu Sep 2024	3412.30	3503.45	3525.00	3320.95	0.649 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 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 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 neutral. A longer time frame might give a better analysis.

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 gaining 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. Bulls are getting tired and bears are picking up momentum.

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3428.49 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.