BullFO

2021 Torrent Pharmaceuticals (TORNTPHARM) technical analysis [forecast] stock price targets

Torrent Pharmaceuticals technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Torrent Pharmaceuticals deals in Pharmaceuticals Torrent Pharmaceuticals option chain analysis

Date Close Open High Low Volume
01 Mon Mar 2439.70 2406.80 2450.00 2400.00 3.76 lakhs
26 Fri Feb 2428.20 2430.00 2489.15 2401.40 4.3 lakhs
25 Thu Feb 2467.50 2490.00 2523.00 2461.50 3.85 lakhs
24 Wed Feb 2477.80 2430.00 2488.00 2425.00 1.56 lakhs
23 Tue Feb 2425.40 2451.00 2465.00 2420.20 3.37 lakhs
TORNTPHARM chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2464.1, but if it comes above 2464.1, then a intra day buy could be more profitable.
If you take a sell trade below 2464.1, then use 2464.1 as stoploss and 2345.4 as target. However if you take a buy trade in stock , then use 2464.1 as stoploss and 2563.05 as target.

  • Daily Price action analysis of TORNTPHARM based on a short 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of TORNTPHARM based on a 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.

Intraday technical analysis of Torrent Pharmaceuticals

Stock is trading at 2436.30 as on 02 Tue Mar 10:00

Day open is at 2450.00, day high is at 2461.60, day low is at 2424.05, and day volume is at 8 lakhs so far.

First 15 minute high low range is 2424.05 - 2461.60

First hour high low range is 2424.05 - 2461.60

Date Intraday Price Open High Low Volume
02 Tue Mar 10:00 2436.30 2450.00 2461.60 2424.05 121187
02 Tue Mar 9:55 2439.55 2450.00 2461.60 2424.05 117602
02 Tue Mar 9:50 2444.70 2450.00 2461.60 2424.05 112664
02 Tue Mar 9:45 2441.00 2450.00 2461.60 2424.05 110023
02 Tue Mar 9:40 2448.90 2450.00 2461.60 2424.05 104213
Intraday TORNTPHARM chart

Prices of Torrent Pharmaceuticals are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Torrent Pharmaceuticals (TORNTPHARM) intraday stock price targets

  • EntEntry: 2442.83 or 2434.925
  • Upside target: 2461.6
  • Downside target : 2386.5
  • Second Upside target: 2469.85
  • Second Downside target : 2419.85

Torrent Pharmaceuticals (TORNTPHARM) weekly technical analysis

Date Weekly Close Open Range Volume
01 Mon Mar 2439.70 2406.80 2400.00
2450.00
3.759 lakhs
26 Fri Feb 2428.20 2501.00 2401.40
2523.00
16.196 lakhs
19 Fri Feb 2497.00 2599.80 2458.90
2622.90
15.185 lakhs
12 Fri Feb 2601.85 2795.00 2542.45
2802.90
47.01 lakhs
05 Fri Feb 2752.05 2625.90 2499.25
2765.00
26.618 lakhs
weekly TORNTPHARM chart

Weekly forecast of Torrent Pharmaceuticals is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Torrent Pharmaceuticals based on a short 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.

Weekly Price action analysis of Torrent Pharmaceuticals 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.

Torrent Pharmaceuticals (TORNTPHARM) Monthly technical analysis

Date Monthly Close Open Range Volume
01 Mon Mar 2439.70 2406.80 2400.00
2450.00
3.759 lakhs
26 Fri Feb 2428.20 2625.90 2401.40
2802.90
105.009 lakhs
29 Fri Jan 2608.15 2802.90 2571.30
2905.00
70.801 lakhs
31 Thu Dec 2802.70 2630.00 2583.40
2856.55
92.878 lakhs
27 Fri Nov 2615.10 2566.00 2418.75
2755.90
116.085 lakhs
monthly TORNTPHARM chart

Monthly forecast of Torrent Pharmaceuticals is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Torrent Pharmaceuticals 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.

Monthly Price action analysis of Torrent Pharmaceuticals 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.

Torrent Pharmaceuticals Daily stock price targets

  • Upside daily target: 2603.9
  • Upside daily target: 2478.38

Torrent Pharmaceuticals Weekly stock price targets

  • Upside weekly target: 2915.45
  • Upside weekly target: 2745.13
  • Upside weekly target: 2573.35
  • Upside weekly target: 2441.93

Torrent Pharmaceuticals Monthly stock price targets

  • Upside monthly target: 3116.98
  • Upside monthly target: 2966.2
  • Upside monthly target: 2785.99
  • Upside monthly target: 2636.41
  • Upside monthly target: 2508.48
  • Downside monthly target: 2326.05
  • Downside monthly target: 2214.05

Torrent Pharmaceuticals (TORNTPHARM) indicators technical analysis

Price action analysis of Torrent Pharmaceuticals (TORNTPHARM) based on a short 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.

ADX buy sell signal for Torrent Pharmaceuticals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Torrent Pharmaceuticals in short term and the sell signal is strong.

Torrent Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Torrent Pharmaceuticals in short term and SELL signal is strong!

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 Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2476.08 and Torrent Pharmaceuticals TORNTPHARM stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart TORNTPHARM