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 |
| 15 Tue Jun | 462.55 | 455.00 | 471.80 | 455.00 | 12.46 lakhs |
| 14 Mon Jun | 458.80 | 464.65 | 464.95 | 445.85 | 22.91 lakhs |
| 11 Fri Jun | 464.65 | 473.90 | 474.50 | 461.05 | 16.98 lakhs |
| 10 Thu Jun | 470.85 | 479.95 | 482.95 | 468.05 | 31.86 lakhs |
| 09 Wed Jun | 474.70 | 473.90 | 508.70 | 465.00 | 123.43 lakhs |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 461.5, but if it comes below 461.5, then a intra day sell could be more profitable.
If you take a sell trade below 461.5, then use 461.5 as stoploss and 445.41 as target. However if you take a buy trade in stock , then use 461.5 as stoploss and 480.9 as target.
Daily Price action analysis of 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.
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 462.55 as on 15 Tue Jun 15:34
Day open is at 455.00, day high is at 471.80, day low is at 455.00, and day volume is at 620.65 lakhs so far.
First 15 minute high low range is 455.00 - 467.10
First hour high low range is 455.00 - 467.10
| Date | Intraday Price | Open | High | Low | Volume |
| 15 Tue Jun 15:34 | 462.55 | 455.00 | 471.80 | 455.00 | 1246313 |
| 15 Tue Jun 15:30 | 460.30 | 455.00 | 471.80 | 455.00 | 1246313 |
| 15 Tue Jun 15:25 | 462.95 | 455.00 | 471.80 | 455.00 | 1224636 |
| 15 Tue Jun 15:20 | 462.40 | 455.00 | 471.80 | 455.00 | 1196994 |
| 15 Tue Jun 15:15 | 463.15 | 455.00 | 471.80 | 455.00 | 1160633 |
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: 461.05 or 465.2875
- Upside target: 467.1
- Downside target : 442.9
- Second Upside target: 475.58
- Second Downside target : 458.78
Torrent Power (TORNTPOWER) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 15 Tue Jun | 462.55 | 464.65 | 445.85 471.80 |
35.375 lakhs |
| 11 Fri Jun | 464.65 | 433.75 | 432.00 508.70 |
322.205 lakhs |
| 04 Fri Jun | 431.40 | 429.00 | 424.60 441.90 |
33.555 lakhs |
| 28 Fri May | 429.25 | 450.60 | 421.00 450.60 |
59.102 lakhs |
| 21 Fri May | 450.60 | 430.60 | 422.55 465.90 |
201.942 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 |
| 15 Tue Jun | 462.55 | 432.00 | 429.00 508.70 |
383.674 lakhs |
| 31 Mon May | 432.85 | 397.00 | 388.25 465.90 |
396.892 lakhs |
| 30 Fri Apr | 396.30 | 423.50 | 375.50 428.55 |
176.872 lakhs |
| 31 Wed Mar | 423.80 | 385.00 | 379.65 434.45 |
366.851 lakhs |
| 26 Fri Feb | 381.80 | 314.70 | 304.15 395.75 |
596.522 lakhs |
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: 513.55
- Upside daily target: 486.6
- Downside daily target: 462
- Downside daily target: 439.66
Torrent Power Weekly stock price targets
- Upside weekly target: 525.03
- Upside weekly target: 479.93
- Downside weekly target: 456.51
- Downside weekly target: 433.75
- Downside weekly target: 411
- Downside weekly target: 387.49
Torrent Power Monthly stock price targets
- Upside monthly target: 525.48
- Upside monthly target: 488.2
- Downside monthly target: 456.53
- Downside monthly target: 434.58
- Downside monthly target: 412.43
- Downside monthly target: 369.36
- Downside monthly target: 349.55
- Downside monthly target: 332
- Downside monthly target: 312.64
- Downside monthly target: 289.23
Torrent Power (TORNTPOWER) most active calls puts options
- CE of strike 470
- CE of strike 480
- CE of strike 460
- CE of strike 500
- CE of strike 490
- CE of strike 465
- CE of strike 520
- CE of strike 550
- CE of strike 510
- CE of strike 540
- CE of strike 485
- PE of strike 430
- PE of strike 440
- PE of strike 420
- CE of strike 450
- PE of strike 450
- CE of strike 530
- PE of strike 460
- CE of strike 495
- PE of strike 470
- CE of strike 555
- PE of strike 400
- CE of strike 475
- CE of strike 440
- PE of strike 405
- PE of strike 475
- PE of strike 480
- CE of strike 515
- PE of strike 490
- PE of strike 455
Torrent Power (TORNTPOWER) indicators technical analysis
Price action analysis of Torrent Power (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.
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 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. 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 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 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 466.82 and Torrent Power TORNTPOWER stock is trading below this level. This means that stock is falling with high volumes. 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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