2020 Torrent Power (TORNTPOWER) technical analysis [forecast] stock price targets
Torrent Power technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Torrent Power deals in Electric Utilities Torrent Power option chain analysis
| Date | Close | Open | High | Low | Volume |
| 03 Fri Jul | 328.30 | 326.00 | 331.80 | 324.30 | 16.26 lakhs |
| 02 Thu Jul | 324.25 | 324.00 | 327.35 | 321.55 | 9.3 lakhs |
| 01 Wed Jul | 321.80 | 320.00 | 324.50 | 317.10 | 9.97 lakhs |
| 30 Tue Jun | 318.75 | 321.50 | 324.70 | 317.40 | 5.8 lakhs |
| 29 Mon Jun | 320.65 | 324.85 | 327.80 | 318.55 | 7.7 lakhs |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 327.8, but if it comes below 327.8, then a intra day sell could be more profitable.
If you take a sell trade below 327.8, then use 327.8 as stoploss and 324.09 as target. However if you take a buy trade in stock , then use 327.8 as stoploss and 332.1 as target.
Daily Price action analysis of TORNTPOWER based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Daily Price action analysis of TORNTPOWER 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 TORNTPOWER based on a 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.
Intraday technical analysis of Torrent Power
Stock is trading at 328.30 as on 03 Fri Jul 15:33
Day open is at 326.00, day high is at 331.80, day low is at 324.30, and day volume is at 885.09 lakhs so far.
First 15 minute high low range is 325.05 - 327.40
First hour high low range is 324.30 - 327.40
| Date | Intraday Price | Open | High | Low | Volume |
| 03 Fri Jul 15:33 | 328.30 | 326.00 | 331.80 | 324.30 | 1624120 |
| 03 Fri Jul 15:30 | 327.80 | 326.00 | 331.80 | 324.30 | 1624120 |
| 03 Fri Jul 15:25 | 327.80 | 326.00 | 331.80 | 324.30 | 1600510 |
| 03 Fri Jul 15:20 | 328.00 | 326.00 | 331.80 | 324.30 | 1585565 |
| 03 Fri Jul 15:15 | 328.95 | 326.00 | 331.80 | 324.30 | 1546937 |
Trend of Torrent Power is not defined as of yet. Wait for entry and exit levels given below.
Take a trade after 9:30am only.
Torrent Power (TORNTPOWER) intraday stock price targets
- EntEntry: 326.23 or 329.05
- Upside target: 327.4
- Downside target : 322.7
- Second Upside target: 333.8
- Second Downside target : 326.3
Torrent Power (TORNTPOWER) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 03 Fri Jul | 328.30 | 324.85 | 317.10 331.80 |
49.022 lakhs |
| 26 Fri Jun | 325.40 | 323.25 | 316.20 332.25 |
53.354 lakhs |
| 19 Fri Jun | 320.95 | 328.70 | 316.60 332.85 |
43.901 lakhs |
| 12 Fri Jun | 328.85 | 349.95 | 314.00 349.95 |
73.989 lakhs |
| 05 Fri Jun | 344.55 | 322.50 | 319.80 347.60 |
82.311 lakhs |
Weekly forecast of Torrent Power is positive. Buyers dominated the stock this week, and this trend might continue for a few days
Weekly Price action analysis of Torrent Power 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
Weekly Price action analysis of Torrent Power 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 Power (TORNTPOWER) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 03 Fri Jul | 328.30 | 320.00 | 317.10 331.80 |
35.521 lakhs |
| 30 Tue Jun | 318.75 | 322.50 | 314.00 349.95 |
267.055 lakhs |
| 29 Fri May | 318.45 | 322.00 | 291.45 338.70 |
363.664 lakhs |
| 30 Thu Apr | 330.30 | 280.00 | 272.65 335.65 |
216.583 lakhs |
| 31 Tue Mar | 279.05 | 304.90 | 231.95 322.00 |
324.216 lakhs |
Monthly forecast of Torrent Power is positive. Buyers dominated the stock this month, and this trend might continue for a few days
Monthly Price action analysis of Torrent Power 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 Power 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 Power Daily stock price targets
- Upside daily target: 333.8
- Downside daily target: 314.98
Torrent Power Weekly stock price targets
- Upside weekly target: 359.98
- Upside weekly target: 339.89
- Downside weekly target: 323.3
- Downside weekly target: 303.45
- Downside weekly target: 282.65
Torrent Power Monthly stock price targets
- Upside monthly target: 364.48
- Upside monthly target: 345.2
- Upside monthly target: 328.58
- Downside monthly target: 310.01
- Downside monthly target: 292.85
- Downside monthly target: 275.8
- Downside monthly target: 210.48
Torrent Power (TORNTPOWER) most active calls puts options
- CE of strike 330
- CE of strike 340
- CE of strike 350
- PE of strike 330
- PE of strike 320
- CE of strike 360
- PE of strike 325
- CE of strike 400
- CE of strike 325
- PE of strike 280
- PE of strike 300
- CE of strike 335
- PE of strike 310
- PE of strike 290
- CE of strike 320
- PE of strike 315
- CE of strike 370
- CE of strike 265
- PE of strike 210
- PE of strike 405
- PE of strike 275
- CE of strike 275
- PE of strike 270
- CE of strike 270
- PE of strike 265
- PE of strike 240
- CE of strike 220
- PE of strike 220
- CE of strike 235
- PE of strike 235
Torrent Power (TORNTPOWER) indicators technical analysis
Price action analysis of Torrent Power (TORNTPOWER) 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.
ADX buy sell signal for Torrent Power stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Torrent Power in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Torrent Power 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 Power in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 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 323.78 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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