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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.

10 day averaged volume of Torrent Power is 394157

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	1609.60	1594.80	1614.80	1571.90	0.705 times
22 Tue Apr 2025	1589.50	1599.60	1622.00	1586.10	0.849 times
21 Mon Apr 2025	1592.50	1600.00	1622.20	1588.00	0.832 times
17 Thu Apr 2025	1591.00	1591.50	1609.90	1580.20	0.618 times
16 Wed Apr 2025	1605.20	1625.00	1640.00	1587.00	0.892 times
15 Tue Apr 2025	1623.60	1599.90	1628.00	1570.80	1.236 times
11 Fri Apr 2025	1562.15	1551.60	1568.55	1530.50	1.797 times
09 Wed Apr 2025	1530.90	1504.55	1535.35	1484.45	0.973 times
08 Tue Apr 2025	1509.75	1534.60	1535.00	1482.00	0.649 times
07 Mon Apr 2025	1496.70	1383.35	1511.70	1383.35	0.747 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1585.6, but if it comes below 1585.6, then a intra day sell could be more profitable.
If you take a sell trade below 1585.6, then use 1585.6 as stoploss and 1540.97 as target. However if you take a buy trade in stock , then use 1585.6 as stoploss and 1639.2 as target.

Share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Target	1207.25
Downside Target	1301.00
Downside Target	1383.35
Downside Target	1450.00
Downside Target	1545.30
Downside Target	1568.55
Downside Target	1570.80
Downside Target	1571.90
Upside Target	1622.20
Upside Target	1640.00
Upside Target	1719.85

Intraday share price targets for Torrent Power (TORNTPOWER)

Target Type	Value
Downside Intraday Target	1580.27
Downside Intraday Target	1550.93
Upside Intraday Target	1630.57
Upside Intraday Target	1651.53
Downside Intraday Target	1601.23

Weekly technical analysis of Torrent Power (TORNTPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	1609.60	1600.00	1622.20	1571.90	0.869 times
17 Thu Apr 2025	1591.00	1599.90	1640.00	1570.80	0.659 times
11 Fri Apr 2025	1562.15	1383.35	1568.55	1383.35	0.921 times
04 Fri Apr 2025	1537.05	1482.45	1567.75	1473.00	0.64 times
28 Fri Mar 2025	1486.85	1509.00	1547.00	1471.45	0.743 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
23 Wed Apr 2025	1609.60	1482.45	1640.00	1383.35	0.52 times
28 Fri Mar 2025	1486.85	1270.30	1547.00	1225.00	0.652 times
28 Fri Feb 2025	1262.95	1380.00	1450.00	1207.25	1.462 times
31 Fri Jan 2025	1463.45	1484.00	1545.30	1301.00	0.475 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Torrent Power is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1572.99 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.