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 2024-12-09 View latest technical analysis

10 day averaged volume of Torrent Power is 1266260

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	1645.95	1655.00	1679.00	1628.85	0.66 times
06 Fri Dec 2024	1648.65	1673.60	1704.00	1635.30	0.847 times
05 Thu Dec 2024	1664.25	1675.30	1696.30	1655.25	0.403 times
04 Wed Dec 2024	1667.75	1715.00	1715.00	1652.25	0.454 times
03 Tue Dec 2024	1689.10	1604.40	1719.85	1599.05	2.041 times
02 Mon Dec 2024	1586.30	1510.70	1619.80	1506.80	2.619 times
29 Fri Nov 2024	1510.70	1510.00	1556.95	1502.20	0.591 times
28 Thu Nov 2024	1508.10	1539.70	1553.00	1502.75	0.292 times
27 Wed Nov 2024	1532.75	1560.50	1566.85	1522.25	0.375 times
26 Tue Nov 2024	1555.20	1612.00	1617.40	1545.00	0.429 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 1667.1 as stoploss in an intra day sell trade for a target of 1606.28. However, stock will show a bullish move above 1667.1.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1486.55
Downside Target	1545.70
Downside Target	1615.40
Upside Target	1719.85
Upside Target	1720.30
Upside Target	1753.70
Upside Target	1843.00
Upside Target	1896.00
Upside Target	1969.90
Upside Target	2037.00

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1623.53
Downside Intraday Target	1601.12
Upside Intraday Target	1673.68
Upside Intraday Target	1701.42
Upside Intraday Target	1651.27

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	1645.95	1655.00	1679.00	1628.85	0.104 times
06 Fri Dec 2024	1648.65	1510.70	1719.85	1506.80	1.75 times
29 Fri Nov 2024	1510.70	1540.00	1674.00	1500.00	1.744 times
22 Fri Nov 2024	1517.40	1578.50	1615.40	1486.55	1.412 times
14 Thu Nov 2024	1559.00	1690.00	1720.30	1545.70	0.676 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
09 Mon Dec 2024	1645.95	1510.70	1719.85	1506.80	0.745 times
29 Fri Nov 2024	1510.70	1813.45	1843.00	1486.55	0.63 times
31 Thu Oct 2024	1821.75	1880.00	2037.00	1753.70	0.787 times
30 Mon Sep 2024	1878.00	1743.50	1969.90	1659.80	1.151 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Torrent Power stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Torrent Power in short term but the buy 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 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 red color and prices are in or above the red 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 negative zone. This is the SELL 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 1617.22 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.