(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 527257
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 1599.10 | 1600.00 | 1604.85 | 1576.00 | 0.778 times |
| 13 Thu Jun 2024 | 1597.80 | 1612.00 | 1633.10 | 1575.00 | 0.764 times |
| 12 Wed Jun 2024 | 1609.00 | 1595.00 | 1614.00 | 1570.05 | 0.916 times |
| 11 Tue Jun 2024 | 1581.10 | 1575.00 | 1585.00 | 1547.30 | 1.709 times |
| 10 Mon Jun 2024 | 1531.50 | 1513.00 | 1550.00 | 1505.00 | 0.382 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1547.9, but if it comes below 1547.9, then a intra day sell could be more profitable.
If you take a sell trade below 1547.9, then use 1547.9 as stoploss and 1473.65 as target. However if you take a buy trade in stock , then use 1547.9 as stoploss and 1637 as target.
Share price targets for Torrent Power (TORNTPOWER)
| Target Type | Value |
| Downside Target | 1045.05 |
| Downside Target | 1087.55 |
| Downside Target | 1236.95 |
| Downside Target | 1295.10 |
| Downside Target | 1332.35 |
| Downside Target | 1385.00 |
| Downside Target | 1464.00 |
| Downside Target | 1505.00 |
| Downside Target | 1545.00 |
| Downside Target | 1563.00 |
| Upside Target | 1633.00 |
| Upside Target | 1633.10 |
Intraday share price targets for Torrent Power (TORNTPOWER)
| Target Type | Value |
| Downside Intraday Target | 1525.03 |
| Downside Intraday Target | 1450.97 |
| Upside Intraday Target | 1653.13 |
| Upside Intraday Target | 1707.17 |
| Downside Intraday Target | 1579.07 |
Weekly technical analysis of Torrent Power (TORNTPOWER)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 1599.10 | 1513.00 | 1633.10 | 1505.00 | 0.835 times |
| 07 Fri Jun 2024 | 1498.00 | 1520.00 | 1545.00 | 1295.10 | 0.098 times |
| 31 Fri May 2024 | 1501.80 | 1425.00 | 1563.00 | 1385.00 | 6.276 times |
| 24 Fri May 2024 | 1400.60 | 1385.00 | 1464.00 | 1356.65 | 1.328 times |
| 17 Fri May 2024 | 1378.65 | 1329.60 | 1397.00 | 1296.00 | 0.938 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 |
| 14 Fri Jun 2024 | 1599.10 | 1520.00 | 1633.10 | 1295.10 | 0.125 times |
| 31 Fri May 2024 | 1501.80 | 1507.50 | 1563.00 | 1296.00 | 1.879 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 |
Price has moved up 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 | 26, 17, 21 | Buy |
| MACD | 88, 65 | Buy |
| Stochastics | 93 | Buy |
| CCI | 84 | Sell |
| RSI | 48 | Sell |
| OBV | 28984992 | Sell |
| VWAP | 1517 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Torrent Power in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! 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 moving up
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 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 1517.45 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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