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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 2024-11-19 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 337968

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 3094.85 3105.60 3133.55 3085.90 0.507 times
18 Mon Nov 2024 3105.60 3103.05 3141.00 3075.25 0.577 times
14 Thu Nov 2024 3102.40 3116.05 3141.45 3094.60 0.661 times
13 Wed Nov 2024 3116.60 3151.05 3159.30 3097.90 0.545 times
12 Tue Nov 2024 3151.05 3170.00 3200.35 3052.00 1.131 times
11 Mon Nov 2024 3151.65 3200.05 3203.15 3145.50 0.509 times
08 Fri Nov 2024 3199.85 3151.00 3216.30 3146.10 0.709 times
07 Thu Nov 2024 3162.95 3216.10 3239.10 3148.05 0.73 times
06 Wed Nov 2024 3209.90 3212.80 3242.00 3188.25 0.924 times
05 Tue Nov 2024 3184.15 3200.55 3219.00 3137.90 0.813 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3118.6, but if it comes above 3118.6, then a intra day buy could be more profitable.
If you take a sell trade below 3118.6, then use 3118.6 as stoploss and 3010.6 as target. However if you take a buy trade in stock , then use 3118.6 as stoploss and 3208.52 as target.

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type Value
Downside Target 2757.90
Downside Target 3052.00
Upside Target 3242.00
Upside Target 3257.15
Upside Target 3296.00
Upside Target 3320.95
Upside Target 3458.10
Upside Target 3511.80
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 3066.4
Downside Intraday Target 3037.95
Upside Intraday Target 3132.15
Upside Intraday Target 3169.45
Upside Intraday Target 3103.7

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 3094.85 3103.05 3141.00 3075.25 0.381 times
14 Thu Nov 2024 3102.40 3200.05 3203.15 3052.00 0.433 times
08 Fri Nov 2024 3199.85 3212.45 3242.00 3137.90 0.386 times
01 Fri Nov 2024 3205.30 3435.00 3511.80 3084.80 3.2 times
25 Fri Oct 2024 3432.85 3454.95 3458.10 3296.00 1.768 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
19 Tue Nov 2024 3094.85 3224.00 3242.00 3052.00 0.312 times
31 Thu Oct 2024 3202.65 3408.50 3590.70 3084.80 2.158 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Torrent Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but selling is losing 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 3153.76 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 negative.

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

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Torrent Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but selling is losing 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 3153.76 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 negative.

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

Click here for Torrent Pharmaceuticals charts

Click here for further forecast and predictions for tomorrow

Daily charts

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