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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 2024-10-14 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 380635

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	3489.95	3510.05	3510.30	3448.25	0.443 times
11 Fri Oct 2024	3497.05	3480.00	3520.00	3443.00	0.631 times
10 Thu Oct 2024	3443.25	3567.00	3580.00	3405.95	0.773 times
09 Wed Oct 2024	3557.25	3534.00	3590.70	3504.05	1.217 times
08 Tue Oct 2024	3517.45	3415.00	3538.00	3380.90	0.674 times
07 Mon Oct 2024	3405.10	3490.00	3520.00	3389.30	0.802 times
04 Fri Oct 2024	3473.55	3404.95	3494.85	3355.05	1.249 times
03 Thu Oct 2024	3392.15	3333.40	3407.25	3333.40	1.089 times
01 Tue Oct 2024	3369.90	3408.50	3433.45	3331.45	1.117 times
30 Mon Sep 2024	3396.55	3456.00	3502.25	3376.60	0.88 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3496.2 as stoploss in an intra day sell trade for a target of 3443.51. However, stock will show a bullish move above 3496.2.

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	3502.25
Upside Target	3510.30
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	3455.37
Downside Intraday Target	3420.78
Upside Intraday Target	3517.42
Upside Intraday Target	3544.88
Downside Intraday Target	3482.83

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	3489.95	3510.05	3510.30	3448.25	0.108 times
11 Fri Oct 2024	3497.05	3490.00	3590.70	3380.90	0.945 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

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
14 Mon Oct 2024	3489.95	3408.50	3590.70	3331.45	0.575 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 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 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 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 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 3451.36 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 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 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.