(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 2024-01-19 View latest technical analysis
10 day averaged volume of Torrent Power is 356301
Date | Daily Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 988.95 | 1003.80 | 1010.90 | 977.55 | 0.771 times |
18 Thu Jan 2024 | 997.10 | 1001.95 | 1011.75 | 975.25 | 0.491 times |
17 Wed Jan 2024 | 1001.90 | 1007.00 | 1034.95 | 992.70 | 0.877 times |
16 Tue Jan 2024 | 1008.70 | 1013.90 | 1037.50 | 994.70 | 0.942 times |
15 Mon Jan 2024 | 1011.35 | 1017.00 | 1022.00 | 987.20 | 1.094 times |
12 Fri Jan 2024 | 1013.55 | 1021.00 | 1023.30 | 1007.00 | 0.329 times |
11 Thu Jan 2024 | 1020.30 | 1023.50 | 1029.00 | 1011.25 | 0.447 times |
10 Wed Jan 2024 | 1021.85 | 1021.05 | 1037.80 | 1014.50 | 1.051 times |
09 Tue Jan 2024 | 1021.05 | 1018.50 | 1025.65 | 1011.20 | 0.617 times |
08 Mon Jan 2024 | 1014.75 | 1038.15 | 1040.00 | 1012.00 | 0.958 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1022.7 or till 1076.6. Use a stoploss of 977.73 and if this stock hits its stoploss, then it can fall down till 932.78
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 | 894.00 |
Downside Target | 930.10 |
Downside Target | 975.25 |
Upside Target | 1004.00 |
Upside Target | 1037.50 |
Upside Target | 1040.00 |
Upside Target | 1047.00 |
Upside Target | 1071.95 |
Intraday share price targets for Torrent Power (TORNTPOWER)
Target Type | Value |
Downside Intraday Target | 963.63 |
Downside Intraday Target | 938.32 |
Upside Intraday Target | 1025.88 |
Upside Intraday Target | 1062.82 |
Upside Intraday Target | 1000.57 |
Weekly technical analysis of Torrent Power (TORNTPOWER)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 988.95 | 1017.00 | 1037.50 | 975.25 | 1.227 times |
12 Fri Jan 2024 | 1013.55 | 1038.15 | 1040.00 | 1007.00 | 0.121 times |
05 Fri Jan 2024 | 1038.20 | 944.80 | 1071.95 | 930.10 | 5.13 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 |
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 Power (TORNTPOWER)
Date | Monthly Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 988.95 | 944.80 | 1071.95 | 930.10 | 0.988 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 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 Power ( (TORNTPOWER) ) 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Torrent Power in short term but the sell signal is initial and weak.
Torrent Power 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Torrent Power in short term and SELL 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 1010.02 and Torrent Power (TORNTPOWER) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 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 Power ( (TORNTPOWER) ) 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Torrent Power in short term but the sell signal is initial and weak.
Torrent Power 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Torrent Power in short term and SELL 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 1010.02 and Torrent Power (TORNTPOWER) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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Daily charts
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