(TORNTPHARM) Torrent Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Torrent Pharmaceuticals | (TORNTPHARM) share price targets
Complete technical analysis of Torrent Pharmaceuticals (TORNTPHARM) by charts plus indicators, forecast predictions and share price targets for Torrent Pharmaceuticals (TORNTPHARM)
Torrent Pharmaceuticals trades in NSE in Pharmaceuticals sector.
Showing technical analysis as on 2024-04-23 View latest technical analysis
10 day averaged volume of Torrent Pharmaceuticals is 225982
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 2637.40 | 2610.00 | 2645.55 | 2583.95 | 1.266 times |
22 Mon Apr 2024 | 2591.90 | 2562.10 | 2616.75 | 2544.45 | 1.231 times |
19 Fri Apr 2024 | 2539.40 | 2540.00 | 2560.00 | 2523.05 | 1.272 times |
18 Thu Apr 2024 | 2546.85 | 2555.00 | 2585.50 | 2532.00 | 1.17 times |
16 Tue Apr 2024 | 2537.60 | 2519.00 | 2546.00 | 2505.30 | 0.528 times |
15 Mon Apr 2024 | 2519.85 | 2530.50 | 2574.85 | 2514.00 | 0.893 times |
12 Fri Apr 2024 | 2577.70 | 2580.00 | 2599.95 | 2551.60 | 0.588 times |
10 Wed Apr 2024 | 2578.95 | 2579.95 | 2590.20 | 2556.60 | 0.775 times |
09 Tue Apr 2024 | 2578.10 | 2609.80 | 2609.80 | 2563.25 | 0.483 times |
08 Mon Apr 2024 | 2597.30 | 2595.05 | 2626.90 | 2534.50 | 1.591 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2620.7, but if it comes below 2620.7, then a intra day sell could be more profitable.
If you take a sell trade below 2620.7, then use 2620.7 as stoploss and 2580.5 as target. However if you take a buy trade in stock , then use 2620.7 as stoploss and 2669 as target.
Share price targets for Torrent Pharmaceuticals (TORNTPHARM)
Target Type | Value |
Downside Target | 2025.70 |
Downside Target | 2288.70 |
Downside Target | 2480.65 |
Downside Target | 2585.50 |
Downside Target | 2625.00 |
Downside Target | 2626.90 |
Upside Target | 2645.55 |
Upside Target | 2689.70 |
Upside Target | 2700.00 |
Upside Target | 2744.00 |
Intraday share price targets for Torrent Pharmaceuticals (TORNTPHARM)
Target Type | Value |
Downside Intraday Target | 2572.72 |
Downside Intraday Target | 2508.03 |
Upside Intraday Target | 2673.82 |
Upside Intraday Target | 2710.23 |
Downside Intraday Target | 2609.13 |
Weekly technical analysis of Torrent Pharmaceuticals (TORNTPHARM)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 2637.40 | 2562.10 | 2645.55 | 2544.45 | 0.646 times |
19 Fri Apr 2024 | 2539.40 | 2530.50 | 2585.50 | 2505.30 | 1.124 times |
12 Fri Apr 2024 | 2577.70 | 2595.05 | 2626.90 | 2534.50 | 0.545 times |
05 Fri Apr 2024 | 2577.10 | 2608.70 | 2689.70 | 2525.45 | 1.537 times |
28 Thu Mar 2024 | 2600.60 | 2560.25 | 2625.00 | 2515.05 | 0.711 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 Pharmaceuticals (TORNTPHARM)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 2637.40 | 2608.70 | 2689.70 | 2505.30 | 0.601 times |
28 Thu Mar 2024 | 2600.60 | 2686.10 | 2744.00 | 2487.80 | 1.338 times |
29 Thu Feb 2024 | 2666.10 | 2537.50 | 2700.00 | 2480.65 | 0.843 times |
31 Wed Jan 2024 | 2531.10 | 2325.00 | 2551.80 | 2288.70 | 0.835 times |
Scroll below to view daily charts
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 Pharmaceuticals (TORNTPHARM)
Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) 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 Pharmaceuticals ( (TORNTPHARM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Torrent Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torrent Pharmaceuticals 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 Pharmaceuticals 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 moving up
CCI has generated a buy signal for Torrent Pharmaceuticals in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Torrent Pharmaceuticals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2574.41 and Torrent Pharmaceuticals (TORNTPHARM) 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 Pharmaceuticals (TORNTPHARM) stock. Volume based technical analysis of Torrent Pharmaceuticals (TORNTPHARM) stock is negative.
Torrent Pharmaceuticals 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.
Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torrent Pharmaceuticals ( (TORNTPHARM) ) 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 Pharmaceuticals ( (TORNTPHARM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Torrent Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torrent Pharmaceuticals 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 Pharmaceuticals 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 moving up
CCI has generated a buy signal for Torrent Pharmaceuticals in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Torrent Pharmaceuticals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2574.41 and Torrent Pharmaceuticals (TORNTPHARM) 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 Pharmaceuticals (TORNTPHARM) stock. Volume based technical analysis of Torrent Pharmaceuticals (TORNTPHARM) stock is negative.
Torrent Pharmaceuticals 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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Daily charts
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