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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 2024-12-11 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 394228

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	3374.85	3360.15	3388.00	3332.90	0.725 times
10 Tue Dec 2024	3350.00	3344.00	3363.60	3329.35	0.827 times
09 Mon Dec 2024	3335.70	3342.15	3369.50	3319.45	0.639 times
06 Fri Dec 2024	3332.50	3368.85	3375.90	3302.00	0.773 times
05 Thu Dec 2024	3361.50	3450.00	3455.00	3318.65	0.959 times
04 Wed Dec 2024	3352.65	3366.00	3366.00	3295.00	1.064 times
03 Tue Dec 2024	3363.10	3350.20	3395.00	3341.60	1.009 times
02 Mon Dec 2024	3339.15	3301.00	3393.60	3301.00	1.326 times
29 Fri Nov 2024	3324.20	3208.10	3333.10	3200.00	1.898 times
28 Thu Nov 2024	3202.95	3224.50	3237.95	3172.45	0.784 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3348.4, but if it comes below 3348.4, then a intra day sell could be more profitable.
If you take a sell trade below 3348.4, then use 3348.4 as stoploss and 3244.64 as target. However if you take a buy trade in stock , then use 3348.4 as stoploss and 3472.8 as target.

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	3052.00
Downside Target	3156.45
Downside Target	3295.00
Downside Target	3333.10
Upside Target	3388.00
Upside Target	3455.00
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	3333.53
Downside Intraday Target	3292.22
Upside Intraday Target	3402.08
Upside Intraday Target	3429.32
Downside Intraday Target	3360.77

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	3374.85	3342.15	3388.00	3319.45	0.427 times
06 Fri Dec 2024	3332.50	3301.00	3455.00	3295.00	0.926 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

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
11 Wed Dec 2024	3374.85	3301.00	3455.00	3295.00	0.465 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 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 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 and the buy signal is strong.

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 but buying 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 3334.38 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 positive

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