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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 2025-02-03 View latest technical analysis

10 day averaged volume of Torrent Power is 439470

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	1344.30	1380.00	1401.00	1303.85	2.428 times
31 Fri Jan 2025	1463.45	1470.00	1488.55	1442.45	0.985 times
30 Thu Jan 2025	1453.35	1465.00	1485.00	1441.50	0.383 times
29 Wed Jan 2025	1475.05	1461.00	1493.80	1460.00	0.854 times
28 Tue Jan 2025	1466.15	1447.45	1491.95	1429.15	0.847 times
27 Mon Jan 2025	1455.50	1450.00	1462.30	1411.15	1.078 times
24 Fri Jan 2025	1469.70	1425.80	1488.70	1382.10	2.347 times
23 Thu Jan 2025	1424.25	1391.00	1458.70	1383.55	1.407 times
22 Wed Jan 2025	1390.00	1445.00	1449.85	1374.20	0.807 times
21 Tue Jan 2025	1437.95	1483.00	1485.00	1431.05	0.665 times

Stock of Torrent Power (TORNTPOWER) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1380.9, but if it comes above 1380.9, then a intra day buy could be more profitable.
If you take a sell trade below 1380.9, then use 1380.9 as stoploss and 1321.9 as target. However if you take a buy trade in stock , then use 1380.9 as stoploss and 1430.12 as target.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1301.00
Upside Target	1350.10
Upside Target	1486.55
Upside Target	1516.75
Upside Target	1518.00
Upside Target	1522.90
Upside Target	1545.30
Upside Target	1719.85
Upside Target	1753.70
Upside Target	1843.00
Upside Target	2037.00

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1298.43
Downside Intraday Target	1252.57
Upside Intraday Target	1395.58
Upside Intraday Target	1446.87
Upside Intraday Target	1349.72

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	1344.30	1380.00	1401.00	1303.85	0.586 times
31 Fri Jan 2025	1463.45	1450.00	1493.80	1411.15	0.708 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

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
03 Mon Feb 2025	1344.30	1380.00	1401.00	1303.85	0.097 times
31 Fri Jan 2025	1463.45	1484.00	1545.30	1301.00	0.475 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

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 to mid 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 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. 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 SELL signal in short term and selling is picking up 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 1429.02 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.