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 2025-01-02 View latest technical analysis

10 day averaged volume of Torrent Power is 1035184

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	1538.50	1500.00	1545.30	1482.95	0.466 times
01 Wed Jan 2025	1494.25	1484.00	1521.65	1472.65	0.517 times
31 Tue Dec 2024	1485.95	1410.00	1498.00	1410.00	1.944 times
30 Mon Dec 2024	1409.30	1451.45	1458.95	1400.00	0.999 times
27 Fri Dec 2024	1451.45	1475.10	1484.70	1440.30	0.512 times
26 Thu Dec 2024	1468.25	1513.00	1518.45	1459.05	0.31 times
24 Tue Dec 2024	1502.10	1546.00	1550.00	1491.15	0.445 times
23 Mon Dec 2024	1551.35	1479.20	1558.00	1478.90	1.482 times
20 Fri Dec 2024	1479.20	1631.10	1639.05	1444.45	2.852 times
19 Thu Dec 2024	1632.00	1580.00	1636.20	1572.55	0.62 times

My analysis of stock is bearish for shortterm, and stock might move down till 1489 or till 1385.9. Use a stoploss of 1574.86 and if the stock hits stoploss, then it can shoot up till 1660.74

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1400.00
Downside Target	1440.30
Upside Target	1545.30
Upside Target	1612.05
Upside Target	1659.80
Upside Target	1713.75
Upside Target	1719.85
Upside Target	1753.70
Upside Target	1843.00
Upside Target	1969.90
Upside Target	2037.00

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1443.9
Downside Intraday Target	1349.3
Upside Intraday Target	1589.2
Upside Intraday Target	1639.9
Downside Intraday Target	1494.6

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	1538.50	1451.45	1545.30	1400.00	1.428 times
27 Fri Dec 2024	1451.45	1479.20	1558.00	1440.30	0.597 times
20 Fri Dec 2024	1479.20	1665.00	1670.00	1444.45	1.085 times
13 Fri Dec 2024	1669.20	1655.00	1713.75	1612.05	0.546 times
06 Fri Dec 2024	1648.65	1510.70	1719.85	1506.80	1.75 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
02 Thu Jan 2025	1538.50	1484.00	1545.30	1472.65	0.044 times
31 Tue Dec 2024	1485.95	1510.70	1719.85	1400.00	1.937 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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Torrent Power ( (TORNTPOWER) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Torrent Power in short term and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Torrent Power in short term and BUY signal is strong.

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

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 1496.25 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.