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2020 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
03 Fri Jul 2395.20 2370.00 2400.65 2353.25 3.14 lakhs
02 Thu Jul 2350.95 2354.00 2375.50 2329.10 3.7 lakhs
01 Wed Jul 2338.10 2381.00 2394.00 2326.00 4.27 lakhs
30 Tue Jun 2372.10 2452.80 2459.65 2366.00 5.95 lakhs
29 Mon Jun 2437.75 2480.40 2510.00 2426.25 4.13 lakhs
TORNTPHARM chart

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2386.7 as stoploss in an intra day buy trade for a target of 2460.28. However, stock will show a bearish move below 2386.7.

  • 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

  • Daily Price action analysis of TORNTPHARM based on a mid 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

Intraday technical analysis of Torrent Pharmaceuticals

Stock is trading at 2395.20 as on 03 Fri Jul 15:33

Day open is at 2370.00, day high is at 2400.65, day low is at 2353.25, and day volume is at 133.15 lakhs so far.

First 15 minute high low range is 2355.20 - 2372.25

First hour high low range is 2355.20 - 2384.85

Date Intraday Price Open High Low Volume
03 Fri Jul 15:33 2395.20 2370.00 2400.65 2353.25 314167
03 Fri Jul 15:29 2398.00 2370.00 2400.65 2353.25 314167
03 Fri Jul 15:25 2397.85 2370.00 2400.65 2353.25 308024
03 Fri Jul 15:20 2396.50 2370.00 2400.65 2353.25 301647
03 Fri Jul 15:15 2392.50 2370.00 2400.65 2353.25 287785
Intraday TORNTPHARM chart

Trend of Torrent Pharmaceuticals is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Torrent Pharmaceuticals (TORNTPHARM) intraday stock price targets

  • EntEntry: 2363.73 or 2387.4375
  • Upside target: 2372.25
  • Downside target : 2338.15
  • Second Upside target: 2421.63
  • Second Downside target : 2374.23

Torrent Pharmaceuticals (TORNTPHARM) weekly technical analysis

Date Weekly Close Open Range Volume
03 Fri Jul 2395.20 2480.40 2326.00
2510.00
21.187 lakhs
26 Fri Jun 2471.15 2533.00 2448.95
2615.00
21.273 lakhs
19 Fri Jun 2543.35 2499.00 2440.25
2569.70
21.186 lakhs
12 Fri Jun 2485.95 2389.00 2330.00
2498.00
39.495 lakhs
05 Fri Jun 2367.75 2318.90 2280.00
2407.50
48.502 lakhs
weekly TORNTPHARM chart

Weekly forecast of Torrent Pharmaceuticals is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Torrent Pharmaceuticals 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.

Weekly 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 (TORNTPHARM) Monthly technical analysis

Date Monthly Close Open Range Volume
03 Fri Jul 2395.20 2381.00 2326.00
2400.65
11.115 lakhs
30 Tue Jun 2372.10 2318.90 2280.00
2615.00
140.528 lakhs
29 Fri May 2362.55 2340.00 2281.20
2633.35
237.869 lakhs
30 Thu Apr 2345.40 1978.00 1932.00
2644.90
177.602 lakhs
31 Tue Mar 1971.80 2162.00 1583.25
2245.00
92.641 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 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.

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: 2644.93
  • Upside daily target: 2504.53
  • Downside daily target: 2377.98

Torrent Pharmaceuticals Weekly stock price targets

  • Upside weekly target: 2700.85
  • Upside weekly target: 2543.08
  • Upside weekly target: 2409.73
  • Downside weekly target: 2268.6
  • Downside weekly target: 2146.98

Torrent Pharmaceuticals Monthly stock price targets

  • Upside monthly target: 2851.6
  • Upside monthly target: 2674.03
  • Upside monthly target: 2477.61
  • Downside monthly target: 2326.05
  • Downside monthly target: 2151.74
  • Downside monthly target: 2025.25
  • Downside monthly target: 1920.5
  • Downside monthly target: 1793.85
  • Downside monthly target: 1665.65
  • Downside monthly target: 1446.65

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 losing momentum.

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

Torrent Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Torrent Pharmaceuticals in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 2446.97 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.

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chart TORNTPHARM