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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 2025-01-30 View latest technical analysis

10 day averaged volume of Torrent Power is 486509

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	1453.35	1465.00	1485.00	1441.50	0.346 times
29 Wed Jan 2025	1475.05	1461.00	1493.80	1460.00	0.771 times
28 Tue Jan 2025	1466.15	1447.45	1491.95	1429.15	0.765 times
27 Mon Jan 2025	1455.50	1450.00	1462.30	1411.15	0.973 times
24 Fri Jan 2025	1469.70	1425.80	1488.70	1382.10	2.12 times
23 Thu Jan 2025	1424.25	1391.00	1458.70	1383.55	1.271 times
22 Wed Jan 2025	1390.00	1445.00	1449.85	1374.20	0.729 times
21 Tue Jan 2025	1437.95	1483.00	1485.00	1431.05	0.6 times
20 Mon Jan 2025	1482.95	1481.20	1522.90	1473.30	0.568 times
17 Fri Jan 2025	1477.00	1490.00	1518.00	1472.30	0.686 times

My analysis of stock is bullish for shortterm, and stock might move up till 1487.4 or till 1545.6. Use a stoploss of 1438.97 and if this stock hits its stoploss, then it can fall down till 1390.49

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1301.00
Downside Target	1350.10
Upside Target	1486.55
Upside Target	1545.30
Upside Target	1659.80
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	1411.73
Downside Intraday Target	1370.12
Upside Intraday Target	1494.38
Upside Intraday Target	1535.42
Downside Intraday Target	1452.77

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	1453.35	1450.00	1493.80	1411.15	0.54 times
24 Fri Jan 2025	1469.70	1481.20	1522.90	1374.20	0.928 times
17 Fri Jan 2025	1477.00	1340.00	1518.00	1301.00	1.107 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

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
30 Thu Jan 2025	1453.35	1484.00	1545.30	1301.00	0.457 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 1453.79 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.