(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 2024-06-28 View latest technical analysis
10 day averaged volume of Torrent Power is 335620
Date | Daily Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 1498.40 | 1520.00 | 1531.50 | 1490.10 | 0.743 times |
27 Thu Jun 2024 | 1519.20 | 1516.45 | 1526.45 | 1492.80 | 0.7 times |
26 Wed Jun 2024 | 1511.20 | 1512.85 | 1523.40 | 1487.20 | 0.475 times |
25 Tue Jun 2024 | 1512.85 | 1495.20 | 1525.45 | 1491.80 | 0.632 times |
24 Mon Jun 2024 | 1491.00 | 1503.90 | 1514.00 | 1473.45 | 1.223 times |
21 Fri Jun 2024 | 1503.45 | 1595.35 | 1610.00 | 1477.00 | 2.766 times |
20 Thu Jun 2024 | 1596.10 | 1592.00 | 1613.80 | 1587.85 | 0.462 times |
19 Wed Jun 2024 | 1589.90 | 1605.00 | 1610.00 | 1555.00 | 0.577 times |
18 Tue Jun 2024 | 1604.45 | 1606.15 | 1609.00 | 1588.00 | 0.742 times |
14 Fri Jun 2024 | 1599.10 | 1600.00 | 1604.85 | 1576.00 | 1.223 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1469.8 as stoploss in an intra day buy trade for a target of 1528.02. However, stock will show a bearish move below 1469.8.
Share price targets for Torrent Power (TORNTPOWER)
Target Type | Value |
Downside Target | 1045.05 |
Downside Target | 1087.55 |
Downside Target | 1236.95 |
Downside Target | 1295.10 |
Downside Target | 1332.35 |
Downside Target | 1385.00 |
Downside Target | 1473.45 |
Upside Target | 1563.00 |
Upside Target | 1613.80 |
Upside Target | 1633.00 |
Upside Target | 1633.10 |
Intraday share price targets for Torrent Power (TORNTPOWER)
Target Type | Value |
Downside Intraday Target | 1470.73 |
Downside Intraday Target | 1443.07 |
Upside Intraday Target | 1528.78 |
Upside Intraday Target | 1559.17 |
Upside Intraday Target | 1501.12 |
Weekly technical analysis of Torrent Power (TORNTPOWER)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 1498.40 | 1503.90 | 1531.50 | 1473.45 | 0.83 times |
21 Fri Jun 2024 | 1503.45 | 1606.15 | 1613.80 | 1477.00 | 0.636 times |
14 Fri Jun 2024 | 1599.10 | 1513.00 | 1633.10 | 1505.00 | 0.835 times |
07 Fri Jun 2024 | 1498.00 | 1520.00 | 1545.00 | 1295.10 | 0.098 times |
31 Fri May 2024 | 1501.80 | 1425.00 | 1563.00 | 1385.00 | 6.329 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 |
28 Fri Jun 2024 | 1498.40 | 1520.00 | 1633.10 | 1295.10 | 0.191 times |
31 Fri May 2024 | 1501.80 | 1507.50 | 1563.00 | 1296.00 | 1.879 times |
30 Tue Apr 2024 | 1501.10 | 1399.00 | 1633.00 | 1332.35 | 0.445 times |
28 Thu Mar 2024 | 1357.95 | 1087.60 | 1514.70 | 1087.55 | 1.932 times |
Scroll below to view daily charts
Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Torrent Power stock for short term is SELL. Signal strength is Strong and stock is losing 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 above 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 SELL signal in short term but selling is losing 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 1533.45 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Torrent Power stock for short term is SELL. Signal strength is Strong and stock is losing 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 above 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 SELL signal in short term but selling is losing 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 1533.45 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 positive
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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