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 |
| 09 Fri Apr | 422.40 | 422.00 | 425.70 | 418.10 | 4.72 lakhs |
| 08 Thu Apr | 422.50 | 422.00 | 428.55 | 419.40 | 13.3 lakhs |
| 07 Wed Apr | 421.70 | 416.65 | 424.65 | 416.30 | 9.72 lakhs |
| 06 Tue Apr | 418.10 | 416.40 | 421.00 | 412.95 | 6.28 lakhs |
| 05 Mon Apr | 416.10 | 425.00 | 425.60 | 414.45 | 7.43 lakhs |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 424.4 as stoploss in an intra day sell trade for a target of 419.74. However, stock will show a bullish move above 424.4.
Daily Price action analysis of TORNTPOWER 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
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 402.50 as on 12 Mon Apr 11:15
Day open is at 418.00, day high is at 418.00, day low is at 402.00, and day volume is at 36.96 lakhs so far.
First 15 minute high low range is 406.25 - 418.00
First hour high low range is 404.30 - 418.00
| Date | Intraday Price | Open | High | Low | Volume |
| 12 Mon Apr 11:15 | 402.50 | 418.00 | 418.00 | 402.00 | 247601 |
| 12 Mon Apr 11:10 | 402.55 | 418.00 | 418.00 | 402.50 | 241404 |
| 12 Mon Apr 11:05 | 405.15 | 418.00 | 418.00 | 403.10 | 207480 |
| 12 Mon Apr 11:00 | 405.60 | 418.00 | 418.00 | 403.10 | 206479 |
| 12 Mon Apr 10:55 | 405.05 | 418.00 | 418.00 | 403.10 | 203246 |
Prices of Torrent Power are surely coming down. Look for opportunities to sell in intraday.
Take a trade after 9:30am only.
Torrent Power (TORNTPOWER) intraday stock price targets
- EntEntry: 412.13 or 422.975
- Upside target: 418
- Downside target : 394.5
- Second Upside target: 427.85
- Second Downside target : 420.25
Torrent Power (TORNTPOWER) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 09 Fri Apr | 422.40 | 425.00 | 412.95 428.55 |
41.447 lakhs |
| 01 Thu Apr | 427.55 | 416.95 | 413.80 429.40 |
24.37 lakhs |
| 26 Fri Mar | 415.10 | 425.80 | 407.05 430.80 |
59.56 lakhs |
| 19 Fri Mar | 425.80 | 411.00 | 403.80 434.45 |
86.859 lakhs |
| 12 Fri Mar | 412.25 | 407.00 | 406.75 426.40 |
62.438 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 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 |
| 09 Fri Apr | 422.40 | 423.50 | 412.95 428.55 |
48.352 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 |
| 29 Fri Jan | 308.80 | 317.40 | 296.50 348.75 |
329.577 lakhs |
| 31 Thu Dec | 317.40 | 316.00 | 293.00 337.35 |
327.352 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: 431.35
- Downside daily target: 409.7
Torrent Power Weekly stock price targets
- Upside weekly target: 445.45
- Upside weekly target: 422.95
- Downside weekly target: 399.2
- Downside weekly target: 371.93
- Downside weekly target: 346.48
- Downside weekly target: 329.61
- Downside weekly target: 311.33
Torrent Power Monthly stock price targets
- Upside monthly target: 456.53
- Upside monthly target: 434.58
- Downside monthly target: 409.88
- Downside monthly target: 372.65
- 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
- PE of strike 395
- CE of strike 430
- PE of strike 400
- CE of strike 420
- CE of strike 450
- CE of strike 440
- CE of strike 460
- CE of strike 435
- PE of strike 410
- CE of strike 480
- PE of strike 260
- PE of strike 215
- PE of strike 285
- CE of strike 285
- PE of strike 280
- CE of strike 280
- PE of strike 275
- CE of strike 275
- PE of strike 270
- CE of strike 270
- CE of strike 220
- PE of strike 230
- CE of strike 260
- PE of strike 515
- CE of strike 225
- PE of strike 225
- PE of strike 245
- CE of strike 245
- PE of strike 240
- CE of strike 240
Torrent Power (TORNTPOWER) indicators technical analysis
Price action analysis of Torrent Power (TORNTPOWER) based on a short term time period is
ADX buy sell signal for Torrent Power stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Torrent Power in short term but the sell signal is initial and weak.
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 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Torrent Power is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 420.01 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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