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 2025-01-15 View latest technical analysis

10 day averaged volume of Torrent Power is 483315

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	1421.10	1384.40	1441.70	1360.40	1.425 times
14 Tue Jan 2025	1378.10	1311.00	1387.45	1311.00	1.162 times
13 Mon Jan 2025	1309.75	1340.00	1366.00	1301.00	0.929 times
10 Fri Jan 2025	1358.25	1417.45	1424.00	1350.10	1.079 times
09 Thu Jan 2025	1414.80	1437.90	1458.00	1411.00	1.512 times
08 Wed Jan 2025	1434.45	1466.55	1474.10	1429.95	1.215 times
07 Tue Jan 2025	1453.50	1486.00	1494.60	1447.30	0.656 times
06 Mon Jan 2025	1471.35	1515.05	1516.75	1459.80	0.72 times
03 Fri Jan 2025	1513.45	1521.50	1540.25	1508.00	0.622 times
02 Thu Jan 2025	1538.50	1500.00	1545.30	1482.95	0.997 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1391.8 as stoploss in an intra day buy trade for a target of 1468.87. However, stock will show a bearish move below 1391.8.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1301.00
Downside Target	1350.10
Downside Target	1400.00
Upside Target	1440.30
Upside Target	1486.55
Upside Target	1516.75
Upside Target	1659.80
Upside Target	1670.00
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	1334.17
Downside Intraday Target	1247.23
Upside Intraday Target	1474.87
Upside Intraday Target	1528.63
Downside Intraday Target	1387.93

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	1421.10	1340.00	1441.70	1301.00	0.679 times
10 Fri Jan 2025	1358.25	1515.05	1516.75	1350.10	0.574 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

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
15 Wed Jan 2025	1421.10	1484.00	1545.30	1301.00	0.239 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Torrent Power in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1422.79 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.