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 2024-09-26 View latest technical analysis

10 day averaged volume of Torrent Power is 1670151

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	1889.40	1890.00	1917.00	1852.65	0.448 times
25 Wed Sep 2024	1886.90	1909.05	1929.95	1867.05	0.338 times
24 Tue Sep 2024	1915.30	1866.00	1930.00	1865.00	0.633 times
23 Mon Sep 2024	1862.00	1909.25	1921.10	1850.00	0.33 times
20 Fri Sep 2024	1902.05	1856.35	1920.00	1840.10	0.892 times
19 Thu Sep 2024	1842.35	1932.00	1932.00	1820.00	0.736 times
18 Wed Sep 2024	1932.90	1840.00	1969.90	1803.25	3.696 times
17 Tue Sep 2024	1780.05	1808.00	1900.00	1760.00	2.332 times
16 Mon Sep 2024	1780.80	1769.90	1797.00	1745.05	0.372 times
13 Fri Sep 2024	1763.00	1725.00	1776.00	1718.15	0.397 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1869, but if it comes below 1869, then a intra day sell could be more profitable.
If you take a sell trade below 1869, then use 1869 as stoploss and 1783.21 as target. However if you take a buy trade in stock , then use 1869 as stoploss and 1971.9 as target.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1295.10
Downside Target	1450.00
Downside Target	1563.00
Downside Target	1620.05
Downside Target	1745.05
Downside Target	1776.00
Downside Target	1850.00
Upside Target	1896.00
Upside Target	1908.00
Upside Target	1930.00
Upside Target	1969.90

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1849.6
Downside Intraday Target	1809.8
Upside Intraday Target	1929.6
Upside Intraday Target	1969.8
Upside Intraday Target	1889.8

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	1889.40	1909.25	1930.00	1850.00	0.218 times
20 Fri Sep 2024	1902.05	1769.90	1969.90	1745.05	4.817 times
13 Fri Sep 2024	1763.00	1688.05	1776.00	1659.80	0.85 times
06 Fri Sep 2024	1694.85	1743.50	1775.00	1662.30	0.893 times
30 Fri Aug 2024	1743.50	1677.00	1770.00	1620.05	0.863 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
26 Thu Sep 2024	1889.40	1743.50	1969.90	1659.80	1.07 times
30 Fri Aug 2024	1743.50	1865.00	1896.00	1620.05	0.838 times
31 Wed Jul 2024	1866.45	1490.10	1908.00	1450.00	3.094 times
28 Fri Jun 2024	1498.40	1520.00	1633.10	1295.10	0.191 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 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 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 losing 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 stronger in this stock.

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

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 but buying is losing 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 1869.57 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.