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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 2024-10-10 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 373781

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	3443.25	3567.00	3580.00	3405.95	0.787 times
09 Wed Oct 2024	3557.25	3534.00	3590.70	3504.05	1.24 times
08 Tue Oct 2024	3517.45	3415.00	3538.00	3380.90	0.687 times
07 Mon Oct 2024	3405.10	3490.00	3520.00	3389.30	0.816 times
04 Fri Oct 2024	3473.55	3404.95	3494.85	3355.05	1.272 times
03 Thu Oct 2024	3392.15	3333.40	3407.25	3333.40	1.109 times
01 Tue Oct 2024	3369.90	3408.50	3433.45	3331.45	1.138 times
30 Mon Sep 2024	3396.55	3456.00	3502.25	3376.60	0.897 times
27 Fri Sep 2024	3482.60	3412.20	3498.60	3395.30	1.595 times
26 Thu Sep 2024	3412.30	3425.00	3449.70	3364.05	0.699 times

My analysis of stock is bullish for shortterm, and stock might move up till 3490.2 or till 3550.6. Use a stoploss of 3439.82 and if this stock hits its stoploss, then it can fall down till 3389.48

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
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	3502.25
Upside Target	3520.35
Upside Target	3525.00
Upside Target	3574.00
Upside Target	3590.70

Intraday share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Intraday Target	3352.53
Downside Intraday Target	3261.82
Upside Intraday Target	3562.33
Upside Intraday Target	3681.42
Upside Intraday Target	3471.62

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	3443.25	3490.00	3590.70	3380.90	0.799 times
04 Fri Oct 2024	3473.55	3456.00	3502.25	3331.45	1.172 times
27 Fri Sep 2024	3482.60	3477.95	3520.35	3364.05	1.162 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

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
10 Thu Oct 2024	3443.25	3408.50	3590.70	3331.45	0.497 times
30 Mon Sep 2024	3396.55	3503.45	3525.00	3320.95	0.787 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

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 Weak and stock is losing momentum.

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

Torrent Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 3448.99 and Torrent Pharmaceuticals (TORNTPHARM) stock is trading below this level. This means that stock is falling with high volumes. 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.