(TORNTPOWER) Torrent Power complete technical analysis [charts+indicators] | Buy/Sell Torrent Power | (TORNTPOWER) share price targets
Complete technical analysis of Torrent Power (TORNTPOWER) by charts plus indicators, forecast predictions and share price targets for Torrent Power (TORNTPOWER)
Torrent Power trades in NSE in Electric Utilities sector.
Showing technical analysis as on 2024-01-04 View latest technical analysis
10 day averaged volume of Torrent Power is 372076
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Jan 2024 | 1014.60 | 1005.00 | 1071.95 | 983.00 | 21.436 times |
03 Wed Jan 2024 | 944.30 | 939.65 | 952.90 | 939.65 | 0.672 times |
02 Tue Jan 2024 | 937.70 | 944.45 | 955.00 | 930.10 | 0.974 times |
01 Mon Jan 2024 | 942.45 | 944.80 | 949.70 | 936.00 | 0.884 times |
29 Fri Dec 2023 | 933.85 | 921.00 | 939.95 | 900.10 | 2.31 times |
28 Thu Dec 2023 | 919.20 | 902.95 | 927.55 | 899.10 | 1.195 times |
27 Wed Dec 2023 | 898.70 | 914.00 | 923.95 | 894.00 | 0.834 times |
26 Tue Dec 2023 | 912.55 | 915.00 | 925.00 | 905.15 | 0.93 times |
22 Fri Dec 2023 | 913.50 | 912.00 | 920.90 | 897.00 | 0.548 times |
21 Thu Dec 2023 | 908.30 | 880.00 | 912.00 | 869.00 | 0.815 times |
Stock of Torrent Power (TORNTPOWER) has showed a significant upmove. This could be a good time to enter in this stock!
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 1001.8, for a target of 963.5 or 931.49
Share price targets for Torrent Power (TORNTPOWER)
Target Type | Value |
Downside Target | 656.75 |
Downside Target | 691.95 |
Downside Target | 715.35 |
Downside Target | 747.75 |
Downside Target | 869.00 |
Downside Target | 888.00 |
Downside Target | 930.05 |
Downside Target | 973.35 |
Downside Target | 1004.00 |
Upside Target | 1047.00 |
Upside Target | 1071.95 |
Intraday share price targets for Torrent Power (TORNTPOWER)
Target Type | Value |
Downside Intraday Target | 939.15 |
Downside Intraday Target | 863.7 |
Upside Intraday Target | 1081 |
Upside Intraday Target | 1147.4 |
Downside Intraday Target | 1005.55 |
Weekly technical analysis of Torrent Power (TORNTPOWER)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Jan 2024 | 1014.60 | 944.80 | 1071.95 | 930.10 | 4.549 times |
29 Fri Dec 2023 | 933.85 | 915.00 | 939.95 | 894.00 | 1.123 times |
22 Fri Dec 2023 | 913.50 | 900.65 | 951.00 | 869.00 | 0.627 times |
15 Fri Dec 2023 | 897.50 | 973.00 | 973.35 | 888.00 | 0.482 times |
08 Fri Dec 2023 | 966.65 | 980.00 | 1047.00 | 930.05 | 0.624 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 Power (TORNTPOWER)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Thu Jan 2024 | 1014.60 | 944.80 | 1071.95 | 930.10 | 0.691 times |
29 Fri Dec 2023 | 933.85 | 965.00 | 1047.00 | 869.00 | 0.77 times |
30 Thu Nov 2023 | 964.00 | 726.90 | 1004.00 | 715.35 | 2.502 times |
31 Tue Oct 2023 | 726.90 | 738.05 | 760.90 | 691.95 | 0.647 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 Power (TORNTPOWER)
Price action analysis of Torrent Power ( (TORNTPOWER) ) 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 Power ( (TORNTPOWER) ) 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 Power ( (TORNTPOWER) ) 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 Power ( (TORNTPOWER) ) based on a mid to longer 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.
ADX buy sell signal for Torrent Power stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torrent Power 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 Power Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Power 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 positive zone. This is a BUY zone
Stock of Torrent Power is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 987.8 and Torrent Power (TORNTPOWER) 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 Power (TORNTPOWER) stock. Volume based technical analysis of Torrent Power (TORNTPOWER) stock is negative.
Torrent Power 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.
Price action analysis of Torrent Power ( (TORNTPOWER) ) 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 Power ( (TORNTPOWER) ) 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 Power ( (TORNTPOWER) ) 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 Power ( (TORNTPOWER) ) based on a mid to longer 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.
ADX buy sell signal for Torrent Power stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torrent Power 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 Power Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Power 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 positive zone. This is a BUY zone
Stock of Torrent Power is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 987.8 and Torrent Power (TORNTPOWER) 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 Power (TORNTPOWER) stock. Volume based technical analysis of Torrent Power (TORNTPOWER) stock is negative.
Torrent Power 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.
Click here for Torrent Power charts
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Daily charts
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