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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 2024-12-26 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 299396

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	3421.35	3399.45	3433.20	3377.00	0.409 times
24 Tue Dec 2024	3399.45	3421.00	3455.25	3362.00	0.245 times
23 Mon Dec 2024	3420.35	3450.00	3476.45	3378.80	0.488 times
20 Fri Dec 2024	3437.00	3476.25	3515.35	3421.40	1.197 times
19 Thu Dec 2024	3469.15	3381.90	3489.50	3358.10	1.802 times
18 Wed Dec 2024	3381.90	3376.70	3417.00	3366.90	1.165 times
17 Tue Dec 2024	3376.70	3362.05	3399.00	3339.05	1.825 times
16 Mon Dec 2024	3362.05	3355.85	3374.55	3319.05	0.853 times
13 Fri Dec 2024	3345.85	3321.00	3354.90	3294.05	0.818 times
12 Thu Dec 2024	3327.85	3374.85	3394.65	3304.90	0.653 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3417.1, but if it comes below 3417.1, then a intra day sell could be more profitable.
If you take a sell trade below 3417.1, then use 3417.1 as stoploss and 3363.91 as target. However if you take a buy trade in stock , then use 3417.1 as stoploss and 3481 as target.

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	3052.00
Downside Target	3156.45
Downside Target	3294.05
Downside Target	3394.65
Upside Target	3455.00
Upside Target	3476.45
Upside Target	3515.35
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	3363.42
Downside Intraday Target	3305.48
Upside Intraday Target	3477.87
Upside Intraday Target	3534.38
Downside Intraday Target	3419.93

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	3421.35	3450.00	3476.45	3362.00	0.167 times
20 Fri Dec 2024	3437.00	3355.85	3515.35	3319.05	1.571 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

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
26 Thu Dec 2024	3421.35	3301.00	3515.35	3294.05	0.92 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 tired and bears are picking up momentum.

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 but buying is losing 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 3400 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.