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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 2024-04-15 View latest technical analysis

10 day averaged volume of Torrent Power is 1760580

Date Daily Closing Price Open High Low Volume
15 Mon Apr 2024 1525.25 1332.35 1556.00 1332.35 0.639 times
12 Fri Apr 2024 1581.00 1570.75 1615.00 1559.85 0.4 times
10 Wed Apr 2024 1570.65 1599.50 1599.95 1563.95 0.453 times
09 Tue Apr 2024 1596.55 1573.00 1633.00 1551.95 1.206 times
08 Mon Apr 2024 1568.40 1504.90 1591.40 1490.00 0.936 times
05 Fri Apr 2024 1490.45 1481.50 1511.00 1467.50 0.736 times
04 Thu Apr 2024 1475.55 1485.00 1513.80 1457.05 0.64 times
03 Wed Apr 2024 1480.80 1460.05 1498.00 1450.00 0.901 times
02 Tue Apr 2024 1465.45 1424.00 1485.00 1408.35 1.284 times
01 Mon Apr 2024 1422.50 1399.00 1463.00 1386.05 1.805 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1539.5 as stoploss in an intra day sell trade for a target of 1393.1. However, stock will show a bullish move above 1539.5.

Share price targets for Torrent Power (TORNTPOWER)

Target Type Value
Downside Target 869.00
Downside Target 930.10
Downside Target 1045.05
Downside Target 1071.95
Downside Target 1165.00
Downside Target 1236.95
Downside Target 1274.70
Downside Target 1332.35
Downside Target 1386.05
Downside Target 1490.00
Downside Target 1514.70
Upside Target 1556.00
Upside Target 1633.00

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type Value
Downside Intraday Target 1386.4
Downside Intraday Target 1247.55
Upside Intraday Target 1610.05
Upside Intraday Target 1694.85
Downside Intraday Target 1471.2

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date Weekly Closing Price Open High Low Volume
15 Mon Apr 2024 1525.25 1332.35 1556.00 1332.35 0.213 times
12 Fri Apr 2024 1581.00 1504.90 1633.00 1490.00 0.558 times
05 Fri Apr 2024 1490.45 1399.00 1513.80 1386.05 0.596 times
28 Thu Mar 2024 1357.95 1279.70 1514.70 1274.70 1.194 times
22 Fri Mar 2024 1283.65 1189.95 1296.70 1165.00 0.805 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
15 Mon Apr 2024 1525.25 1399.00 1633.00 1332.35 0.313 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
31 Wed Jan 2024 1040.00 944.80 1071.95 930.10 1.307 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Torrent Power in short term and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 1504.08 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.

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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Torrent Power in short term and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 1504.08 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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Daily charts

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