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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 2025-01-06 View latest technical analysis

10 day averaged volume of Torrent Power is 1016366

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	1471.35	1515.05	1516.75	1459.80	0.343 times
03 Fri Jan 2025	1513.45	1521.50	1540.25	1508.00	0.296 times
02 Thu Jan 2025	1538.50	1500.00	1545.30	1482.95	0.474 times
01 Wed Jan 2025	1494.25	1484.00	1521.65	1472.65	0.527 times
31 Tue Dec 2024	1485.95	1410.00	1498.00	1410.00	1.98 times
30 Mon Dec 2024	1409.30	1451.45	1458.95	1400.00	1.017 times
27 Fri Dec 2024	1451.45	1475.10	1484.70	1440.30	0.522 times
26 Thu Dec 2024	1468.25	1513.00	1518.45	1459.05	0.316 times
24 Tue Dec 2024	1502.10	1546.00	1550.00	1491.15	0.453 times
23 Mon Dec 2024	1551.35	1479.20	1558.00	1478.90	1.51 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1473.8, but if it comes above 1473.8, then a intra day buy could be more profitable.
If you take a sell trade below 1473.8, then use 1473.8 as stoploss and 1372.3 as target. However if you take a buy trade in stock , then use 1473.8 as stoploss and 1558.45 as target.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1400.00
Downside Target	1440.30
Upside Target	1516.75
Upside Target	1612.05
Upside Target	1659.80
Upside Target	1670.00
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	1448.52
Downside Intraday Target	1425.68
Upside Intraday Target	1505.47
Upside Intraday Target	1539.58
Upside Intraday Target	1482.63

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	1471.35	1515.05	1516.75	1459.80	0.08 times
03 Fri Jan 2025	1513.45	1451.45	1545.30	1400.00	1.533 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

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
06 Mon Jan 2025	1471.35	1484.00	1545.30	1459.80	0.072 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Torrent Power in short term but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 1490.91 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 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.