Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-02 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 323614

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	3339.15	3301.00	3393.60	3301.00	1.615 times
29 Fri Nov 2024	3324.20	3208.10	3333.10	3200.00	2.312 times
28 Thu Nov 2024	3202.95	3224.50	3237.95	3172.45	0.955 times
27 Wed Nov 2024	3224.45	3230.00	3252.95	3168.35	0.877 times
26 Tue Nov 2024	3225.55	3260.00	3275.00	3215.90	0.637 times
25 Mon Nov 2024	3266.60	3206.00	3276.00	3163.60	1.969 times
22 Fri Nov 2024	3167.10	3102.05	3189.70	3102.05	0.899 times
21 Thu Nov 2024	3101.95	3095.05	3128.00	3076.00	0.528 times
19 Tue Nov 2024	3094.85	3105.60	3133.55	3085.90	0.53 times
18 Mon Nov 2024	3105.60	3103.05	3141.00	3075.25	0.603 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3335, for a target of 3254.2 or 3186.84

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	3052.00
Downside Target	3301.00
Downside Target	3320.95
Downside Target	3333.10
Upside Target	3393.60
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	3295.57
Downside Intraday Target	3251.98
Upside Intraday Target	3388.17
Upside Intraday Target	3437.18
Upside Intraday Target	3344.58

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	3339.15	3301.00	3393.60	3301.00	0.239 times
29 Fri Nov 2024	3324.20	3206.00	3333.10	3163.60	2.637 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

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
02 Mon Dec 2024	3339.15	3301.00	3393.60	3301.00	0.084 times
29 Fri Nov 2024	3324.20	3224.00	3333.10	3052.00	0.544 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

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 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 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 Strong and stock is gaining 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 3244.82 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.