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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 2024-11-25 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 227673

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	3266.60	3206.00	3276.00	3163.60	2.799 times
22 Fri Nov 2024	3167.10	3102.05	3189.70	3102.05	1.278 times
21 Thu Nov 2024	3101.95	3095.05	3128.00	3076.00	0.751 times
19 Tue Nov 2024	3094.85	3105.60	3133.55	3085.90	0.753 times
18 Mon Nov 2024	3105.60	3103.05	3141.00	3075.25	0.857 times
14 Thu Nov 2024	3102.40	3116.05	3141.45	3094.60	0.981 times
13 Wed Nov 2024	3116.60	3151.05	3159.30	3097.90	0.809 times
12 Tue Nov 2024	3151.05	3170.00	3200.35	3052.00	1.679 times
11 Mon Nov 2024	3151.65	3200.05	3203.15	3145.50	0.756 times
08 Fri Nov 2024	3199.85	3151.00	3216.30	3146.10	1.053 times

Stock of Torrent Pharmaceuticals (TORNTPHARM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3265.8, but if it comes below 3265.8, then a intra day sell could be more profitable.
If you take a sell trade below 3265.8, then use 3265.8 as stoploss and 3186.31 as target. However if you take a buy trade in stock , then use 3265.8 as stoploss and 3361.1 as target.

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	2757.90
Downside Target	3052.00
Downside Target	3242.00
Downside Target	3257.15
Upside Target	3276.00
Upside Target	3320.95
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	3194.8
Downside Intraday Target	3123
Upside Intraday Target	3307.2
Upside Intraday Target	3347.8
Downside Intraday Target	3235.4

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	3266.60	3206.00	3276.00	3163.60	0.769 times
22 Fri Nov 2024	3167.10	3103.05	3189.70	3075.25	0.861 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

Price has moved up 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
25 Mon Nov 2024	3266.60	3224.00	3276.00	3052.00	0.408 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Torrent Pharmaceuticals in short term and BUY signal is strong.

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 3168.29 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 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 negative.

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