Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-13 View latest technical analysis

10 day averaged volume of Torrent Power is 872545

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	1119.35	1132.95	1147.75	1108.95	0.521 times
12 Mon Feb 2024	1130.50	1172.70	1194.65	1117.65	0.418 times
09 Fri Feb 2024	1173.45	1140.00	1191.70	1115.25	1.402 times
08 Thu Feb 2024	1204.30	1157.50	1214.50	1142.30	0.538 times
07 Wed Feb 2024	1150.30	1175.00	1209.40	1116.50	1.026 times
06 Tue Feb 2024	1164.85	1125.00	1170.00	1122.05	0.953 times
05 Mon Feb 2024	1121.05	1070.55	1129.35	1069.05	1.048 times
02 Fri Feb 2024	1064.30	1065.00	1098.25	1056.90	0.587 times
01 Thu Feb 2024	1051.70	1048.90	1085.00	1045.05	1.138 times
31 Wed Jan 2024	1040.00	1017.65	1069.40	1011.40	2.438 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1132.3 as stoploss in an intra day sell trade for a target of 1059.8. However, stock will show a bullish move above 1132.3.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	691.95
Downside Target	715.35
Downside Target	760.90
Downside Target	869.00
Downside Target	930.10
Downside Target	971.00
Downside Target	999.00
Downside Target	1037.50
Downside Target	1069.05
Downside Target	1098.25
Downside Target	1108.95
Upside Target	1194.65
Upside Target	1214.50

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1087.32
Downside Intraday Target	1055.28
Upside Intraday Target	1173.02
Upside Intraday Target	1226.68
Upside Intraday Target	1140.98

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	1119.35	1172.70	1194.65	1108.95	0.189 times
09 Fri Feb 2024	1173.45	1070.55	1214.50	1069.05	0.951 times
02 Fri Feb 2024	1064.30	1000.80	1098.25	999.00	4.283 times
25 Thu Jan 2024	1000.80	990.00	1010.90	971.00	0.715 times
19 Fri Jan 2024	988.95	1017.00	1037.50	975.25	1.227 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
13 Tue Feb 2024	1119.35	1048.90	1214.50	1045.05	0.395 times
31 Wed Jan 2024	1040.00	944.80	1071.95	930.10	1.307 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

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 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 Power ( (TORNTPOWER) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Torrent Power in short term and the buy signal is strong.

Torrent Power 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Torrent Power in short term but SELL 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Torrent Power is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1109.45 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.