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(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 2024-10-01 View latest technical analysis

10 day averaged volume of Torrent Power is 1738397

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1861.70	1880.00	1887.90	1851.10	0.276 times
30 Mon Sep 2024	1878.00	1900.00	1949.45	1867.75	0.432 times
27 Fri Sep 2024	1907.80	1934.95	1957.30	1895.05	0.532 times
26 Thu Sep 2024	1889.40	1890.00	1917.00	1852.65	0.431 times
25 Wed Sep 2024	1886.90	1909.05	1929.95	1867.05	0.324 times
24 Tue Sep 2024	1915.30	1866.00	1930.00	1865.00	0.608 times
23 Mon Sep 2024	1862.00	1909.25	1921.10	1850.00	0.317 times
20 Fri Sep 2024	1902.05	1856.35	1920.00	1840.10	0.857 times
19 Thu Sep 2024	1842.35	1932.00	1932.00	1820.00	0.707 times
18 Wed Sep 2024	1932.90	1840.00	1969.90	1803.25	3.551 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 1894.5 as stoploss in an intra day sell trade for a target of 1804.46. However, stock will show a bullish move above 1894.5.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1295.10
Downside Target	1450.00
Downside Target	1620.05
Downside Target	1745.05
Downside Target	1850.00
Upside Target	1887.90
Upside Target	1896.00
Upside Target	1908.00
Upside Target	1949.45
Upside Target	1957.30
Upside Target	1969.90

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1825.38
Downside Intraday Target	1789.07
Upside Intraday Target	1923.73
Upside Intraday Target	1985.77
Upside Intraday Target	1887.42

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1861.70	1900.00	1949.45	1851.10	0.32 times
27 Fri Sep 2024	1907.80	1909.25	1957.30	1850.00	0.287 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

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
01 Tue Oct 2024	1861.70	1880.00	1887.90	1851.10	0.02 times
30 Mon Sep 2024	1878.00	1743.50	1969.90	1659.80	1.151 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

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 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 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 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 1906.27 and Torrent Power (TORNTPOWER) stock is trading below this level. This means that stock is falling with high volumes. 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.