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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 2025-01-09 View latest technical analysis

10 day averaged volume of Torrent Power is 646870

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	1414.80	1437.90	1458.00	1411.00	1.129 times
08 Wed Jan 2025	1434.45	1466.55	1474.10	1429.95	0.908 times
07 Tue Jan 2025	1453.50	1486.00	1494.60	1447.30	0.49 times
06 Mon Jan 2025	1471.35	1515.05	1516.75	1459.80	0.538 times
03 Fri Jan 2025	1513.45	1521.50	1540.25	1508.00	0.465 times
02 Thu Jan 2025	1538.50	1500.00	1545.30	1482.95	0.745 times
01 Wed Jan 2025	1494.25	1484.00	1521.65	1472.65	0.827 times
31 Tue Dec 2024	1485.95	1410.00	1498.00	1410.00	3.112 times
30 Mon Dec 2024	1409.30	1451.45	1458.95	1400.00	1.598 times
27 Fri Dec 2024	1451.45	1475.10	1484.70	1440.30	0.82 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1441.2, but if it comes above 1441.2, then a intra day buy could be more profitable.
If you take a sell trade below 1441.2, then use 1441.2 as stoploss and 1338.7 as target. However if you take a buy trade in stock , then use 1441.2 as stoploss and 1526.66 as target.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1400.00
Upside Target	1440.30
Upside Target	1486.55
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	1378.28
Downside Intraday Target	1341.77
Upside Intraday Target	1484.03
Upside Intraday Target	1553.27
Upside Intraday Target	1447.52

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	1414.80	1515.05	1516.75	1411.00	0.454 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
09 Thu Jan 2025	1414.80	1484.00	1545.30	1411.00	0.143 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Torrent Power Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 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 1463.11 and Torrent Power (TORNTPOWER) stock is trading below this level. This means that stock is falling with high volumes. 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.