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 2024-07-25 View latest technical analysis

10 day averaged volume of Torrent Power is 644979

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	1534.95	1507.80	1543.55	1502.15	0.247 times
24 Wed Jul 2024	1519.45	1504.95	1549.95	1492.05	0.487 times
23 Tue Jul 2024	1493.00	1609.20	1609.20	1456.05	0.896 times
22 Mon Jul 2024	1509.20	1520.20	1548.05	1503.10	0.359 times
19 Fri Jul 2024	1526.50	1542.70	1589.50	1507.75	0.739 times
18 Thu Jul 2024	1542.70	1551.15	1687.00	1520.00	5.047 times
16 Tue Jul 2024	1545.55	1518.00	1548.70	1507.05	0.58 times
15 Mon Jul 2024	1519.45	1510.05	1525.00	1495.65	0.256 times
12 Fri Jul 2024	1510.05	1522.10	1535.00	1500.15	0.219 times
11 Thu Jul 2024	1530.10	1545.25	1548.80	1515.10	0.227 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 1535.6 as stoploss in an intra day sell trade for a target of 1511.82. However, stock will show a bullish move above 1535.6.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1087.55
Downside Target	1295.10
Downside Target	1332.35
Downside Target	1450.00
Downside Target	1531.50
Upside Target	1549.95
Upside Target	1563.00
Upside Target	1609.20
Upside Target	1633.00
Upside Target	1633.10
Upside Target	1687.00

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1457.6
Downside Intraday Target	1380.25
Upside Intraday Target	1610.75
Upside Intraday Target	1686.55
Downside Intraday Target	1533.4

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	1534.95	1520.20	1609.20	1456.05	0.3 times
19 Fri Jul 2024	1526.50	1510.05	1687.00	1495.65	2.597 times
12 Fri Jul 2024	1510.05	1518.00	1549.95	1457.25	1.638 times
05 Fri Jul 2024	1509.50	1490.10	1522.00	1450.00	0.792 times
28 Fri Jun 2024	1498.40	1503.90	1531.50	1473.45	0.83 times

Price has moved up 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
25 Thu Jul 2024	1534.95	1490.10	1687.00	1450.00	1.017 times
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

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 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 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 SELL signal for Torrent Power 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 Power Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Torrent Power in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1532.09 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 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.