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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 2025-01-01 View latest technical analysis

10 day averaged volume of Torrent Pharmaceuticals is 354961

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	3418.55	3368.15	3434.20	3340.15	0.49 times
31 Tue Dec 2024	3360.05	3362.20	3396.70	3343.95	0.433 times
30 Mon Dec 2024	3369.50	3405.00	3422.30	3348.05	2.931 times
27 Fri Dec 2024	3405.10	3421.35	3446.05	3396.50	0.622 times
26 Thu Dec 2024	3421.35	3399.45	3433.20	3377.00	0.345 times
24 Tue Dec 2024	3399.45	3421.00	3455.25	3362.00	0.207 times
23 Mon Dec 2024	3420.35	3450.00	3476.45	3378.80	0.412 times
20 Fri Dec 2024	3437.00	3476.25	3515.35	3421.40	1.009 times
19 Thu Dec 2024	3469.15	3381.90	3489.50	3358.10	1.52 times
18 Wed Dec 2024	3381.90	3376.70	3417.00	3366.90	0.982 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3417.5, but if it comes below 3417.5, then a intra day sell could be more profitable.
If you take a sell trade below 3417.5, then use 3417.5 as stoploss and 3380.1 as target. However if you take a buy trade in stock , then use 3417.5 as stoploss and 3462.4 as target.

Share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Target	3052.00
Downside Target	3294.05
Downside Target	3394.65
Upside Target	3434.20
Upside Target	3455.00
Upside Target	3476.45
Upside Target	3515.35
Upside Target	3525.00
Upside Target	3590.70

Intraday share price targets for Torrent Pharmaceuticals (TORNTPHARM)

Target Type	Value
Downside Intraday Target	3361.07
Downside Intraday Target	3303.58
Upside Intraday Target	3455.12
Upside Intraday Target	3491.68
Downside Intraday Target	3397.63

Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	3418.55	3405.00	3434.20	3340.15	2.431 times
27 Fri Dec 2024	3405.10	3450.00	3476.45	3362.00	0.275 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	3418.55	3368.15	3434.20	3340.15	0.024 times
31 Tue Dec 2024	3360.05	3301.00	3515.35	3294.05	1.148 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

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Torrent Pharmaceuticals in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 3405.12 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.