BullFO

2021 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
17 Fri Sep 481.90 498.00 498.90 476.20 13.84 lakhs
16 Thu Sep 495.00 490.00 497.70 488.00 11.72 lakhs
15 Wed Sep 488.90 481.00 500.00 480.00 20.51 lakhs
14 Tue Sep 482.25 480.50 484.25 476.65 3.04 lakhs
13 Mon Sep 480.75 477.00 482.95 471.85 4.81 lakhs
TORNTPOWER chart

My analysis of stock is bullish for shortterm, and stock might move up till 489.9 or till 503.6. Use a stoploss of 478.6 and if this stock hits its stoploss, then it can fall down till 467.25

  • Daily Price action analysis of TORNTPOWER 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.

  • Daily Price action analysis of 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.

  • 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 482.15 as on 20 Mon Sep 9:50

Day open is at 481.00, day high is at 483.10, day low is at 474.60, and day volume is at 4.55 lakhs so far.

First 15 minute high low range is 474.60 - 482.65

First hour high low range is 474.60 - 483.10

Date Intraday Price Open High Low Volume
20 Mon Sep 9:50 482.15 481.00 483.10 474.60 90273
20 Mon Sep 9:45 482.50 481.00 482.90 474.60 83704
20 Mon Sep 9:40 481.00 481.00 482.90 474.60 78483
20 Mon Sep 9:35 481.75 481.00 482.90 474.60 68790
20 Mon Sep 9:30 482.15 481.00 482.90 474.60 58908
Intraday TORNTPOWER chart

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: 478.63 or 483.3
  • Upside target: 482.65
  • Downside target : 466.55
  • Second Upside target: 490.4
  • Second Downside target : 467.7

Torrent Power (TORNTPOWER) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 481.90 477.00 471.85
500.00
53.921 lakhs
09 Thu Sep 477.45 485.05 464.90
487.80
39.15 lakhs
03 Fri Sep 486.25 490.00 478.50
499.80
53.855 lakhs
27 Fri Aug 488.15 452.10 437.25
496.75
91.124 lakhs
20 Fri Aug 453.10 463.95 443.85
466.40
28.715 lakhs
weekly TORNTPOWER chart

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

Weekly 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.

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
17 Fri Sep 481.90 483.50 464.90
500.00
116.486 lakhs
31 Tue Aug 481.50 460.85 437.25
499.80
265.735 lakhs
30 Fri Jul 455.20 462.00 446.00
483.85
163.262 lakhs
30 Wed Jun 460.10 432.00 429.00
508.70
525.649 lakhs
31 Mon May 432.85 397.00 388.25
465.90
396.892 lakhs
monthly TORNTPOWER chart

Monthly forecast of Torrent Power is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

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: 504.45
  • Downside daily target: 480.11

Torrent Power Weekly stock price targets

  • Upside weekly target: 522.2
  • Upside weekly target: 493.03
  • Downside weekly target: 469.28
  • Downside weekly target: 440.08

Torrent Power Monthly stock price targets

  • Upside monthly target: 524.25
  • Upside monthly target: 490.95
  • Downside monthly target: 459.38
  • Downside monthly target: 434.58
  • Downside monthly target: 412.43
  • Downside monthly target: 369.36
  • Downside monthly target: 349.55
  • Downside monthly target: 328.78
  • Downside monthly target: 312.64
  • Downside monthly target: 276.53

Torrent Power (TORNTPOWER) indicators technical analysis

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.

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Torrent Power in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 483.43 and Torrent Power TORNTPOWER 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 Power TORNTPOWER stock. Volume based technical analysis of Torrent Power TORNTPOWER stock is negative.

Torrent Power Stock has given negative 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.

Related companies

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

chart TORNTPOWER