(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)
10 day averaged volume of Torrent Power is 671900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 1381.80 | 1432.05 | 1459.00 | 1370.20 | 1.297 times |
| 21 Tue May 2024 | 1417.10 | 1392.00 | 1437.90 | 1368.00 | 1.408 times |
| 20 Mon May 2024 | 1384.10 | 1385.00 | 1399.95 | 1356.65 | 0.058 times |
| 17 Fri May 2024 | 1378.65 | 1347.85 | 1397.00 | 1331.50 | 1.415 times |
| 16 Thu May 2024 | 1338.70 | 1379.10 | 1380.00 | 1331.35 | 0.856 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1339.5 or till 1250.5. Use a stoploss of 1413.74 and if the stock hits stoploss, then it can shoot up till 1487.94
Share price targets for Torrent Power (TORNTPOWER)
| Target Type | Value |
| Downside Target | 930.10 |
| Downside Target | 1045.05 |
| Downside Target | 1071.95 |
| Downside Target | 1236.95 |
| Downside Target | 1296.00 |
| Downside Target | 1332.35 |
| Upside Target | 1397.00 |
| Upside Target | 1459.00 |
| Upside Target | 1496.35 |
| Upside Target | 1514.70 |
| Upside Target | 1523.00 |
| Upside Target | 1555.95 |
| Upside Target | 1575.00 |
| Upside Target | 1633.00 |
Intraday share price targets for Torrent Power (TORNTPOWER)
| Target Type | Value |
| Downside Intraday Target | 1339.3 |
| Downside Intraday Target | 1296.8 |
| Upside Intraday Target | 1441.65 |
| Upside Intraday Target | 1501.5 |
| Upside Intraday Target | 1399.15 |
Weekly technical analysis of Torrent Power (TORNTPOWER)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 1381.80 | 1385.00 | 1459.00 | 1356.65 | 0.526 times |
| 17 Fri May 2024 | 1378.65 | 1329.60 | 1397.00 | 1296.00 | 0.938 times |
| 10 Fri May 2024 | 1326.95 | 1484.25 | 1496.35 | 1299.30 | 1.428 times |
| 03 Fri May 2024 | 1484.25 | 1504.70 | 1575.00 | 1476.35 | 1.222 times |
| 26 Fri Apr 2024 | 1489.80 | 1519.00 | 1555.95 | 1470.05 | 0.556 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 |
| 22 Wed May 2024 | 1381.80 | 1507.50 | 1523.00 | 1296.00 | 0.446 times |
| 30 Tue Apr 2024 | 1501.10 | 1399.00 | 1633.00 | 1332.35 | 0.445 times |
| 28 Thu Mar 2024 | 1357.95 | 1087.60 | 1514.70 | 1087.55 | 1.932 times |
| 29 Thu Feb 2024 | 1077.85 | 1048.90 | 1236.95 | 1045.05 | 1.551 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 17, 13 | Buy |
| MACD | 0, 4 | Sell |
| Stochastics | 65 | None |
| CCI | 112 | Sell |
| RSI | 48 | Sell |
| OBV | -803454 | Sell |
| VWAP | 1363 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Torrent Power stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Torrent Power in short term but the sell 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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 1362.72 and Torrent Power (TORNTPOWER) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.
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