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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 2024-12-19 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 313778

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	3469.15	3381.90	3489.50	3358.10	1.719 times
18 Wed Dec 2024	3381.90	3376.70	3417.00	3366.90	1.111 times
17 Tue Dec 2024	3376.70	3362.05	3399.00	3339.05	1.742 times
16 Mon Dec 2024	3362.05	3355.85	3374.55	3319.05	0.814 times
13 Fri Dec 2024	3345.85	3321.00	3354.90	3294.05	0.781 times
12 Thu Dec 2024	3327.85	3374.85	3394.65	3304.90	0.623 times
11 Wed Dec 2024	3374.85	3360.15	3388.00	3332.90	0.91 times
10 Tue Dec 2024	3350.00	3344.00	3363.60	3329.35	1.039 times
09 Mon Dec 2024	3335.70	3342.15	3369.50	3319.45	0.803 times
06 Fri Dec 2024	3332.50	3368.85	3375.90	3302.00	0.972 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 3478.8, for a target of 3394.5 or 3324.19

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	3052.00
Downside Target	3156.45
Downside Target	3294.05
Downside Target	3333.10
Downside Target	3394.65
Downside Target	3455.00
Upside Target	3489.50
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	3362.3
Downside Intraday Target	3255.45
Upside Intraday Target	3532.75
Upside Intraday Target	3596.35
Downside Intraday Target	3425.9

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	3469.15	3355.85	3489.50	3319.05	1.296 times
13 Fri Dec 2024	3345.85	3342.15	3394.65	3294.05	0.645 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

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
19 Thu Dec 2024	3469.15	3301.00	3489.50	3294.05	0.807 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 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 neutral. A longer time frame might give a better analysis.

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 green color and prices are above the green 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

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 3376.03 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.