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 |
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 |
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 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 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) most active calls puts options
- CE of strike 500
- CE of strike 520
- CE of strike 490
- CE of strike 510
- CE of strike 550
- CE of strike 530
- CE of strike 540
- CE of strike 480
- PE of strike 460
- PE of strike 450
- PE of strike 500
- PE of strike 490
- PE of strike 480
- PE of strike 440
- CE of strike 470
- CE of strike 560
- CE of strike 580
- PE of strike 430
- PE of strike 470
- CE of strike 590
- CE of strike 460
- PE of strike 390
- CE of strike 570
- PE of strike 340
- PE of strike 420
- PE of strike 310
- CE of strike 280
- PE of strike 380
- CE of strike 390
- PE of strike 600
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.
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