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(TorrentPhar) Torrent Phar complete technical analysis [charts+indicators] | Buy/Sell Torrent Phar | (TorrentPhar) share price targets

Complete technical analysis of Torrent Phar (TorrentPhar) by charts plus indicators, forecast predictions and share price targets for Torrent Phar (TorrentPhar)

Showing technical analysis as on 2024-10-28 View latest technical analysis

10 day averaged volume of Torrent Phar is 4429

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	3314.30	3437.65	3496.95	3300.00	2.091 times
25 Fri Oct 2024	3437.65	3320.65	3451.95	3320.65	3.263 times
24 Thu Oct 2024	3317.25	3315.05	3363.45	3294.00	0.38 times
23 Wed Oct 2024	3321.10	3336.05	3372.60	3306.35	0.49 times
22 Tue Oct 2024	3336.75	3397.95	3398.60	3329.00	0.785 times
21 Mon Oct 2024	3392.80	3448.00	3452.25	3381.65	0.301 times
18 Fri Oct 2024	3447.80	3414.95	3479.65	3390.00	0.412 times
17 Thu Oct 2024	3396.20	3532.50	3532.50	3385.00	0.514 times
16 Wed Oct 2024	3513.40	3500.55	3525.65	3491.70	0.537 times
15 Tue Oct 2024	3497.40	3495.00	3529.00	3479.05	2.433 times

Stock of Torrent Phar (TorrentPhar) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3354.7, but if it comes above 3354.7, then a intra day buy could be more profitable.
If you take a sell trade below 3354.7, then use 3354.7 as stoploss and 3268.5 as target. However if you take a buy trade in stock , then use 3354.7 as stoploss and 3426.52 as target.

Share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Target	2576.40
Downside Target	2760.30
Downside Target	2977.10
Downside Target	3158.60
Downside Target	3256.20
Upside Target	3496.95
Upside Target	3500.30
Upside Target	3532.50
Upside Target	3538.95
Upside Target	3574.00
Upside Target	3589.95

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Intraday Target	3243.88
Downside Intraday Target	3173.47
Upside Intraday Target	3440.83
Upside Intraday Target	3567.37
Upside Intraday Target	3370.42

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	3314.30	3437.65	3496.95	3300.00	0.401 times
25 Fri Oct 2024	3437.65	3448.00	3452.25	3294.00	1.092 times
18 Fri Oct 2024	3447.80	3529.65	3532.50	3385.00	0.625 times
11 Fri Oct 2024	3497.70	3496.75	3589.95	3382.75	2.876 times
03 Thu Oct 2024	3390.20	3469.70	3500.30	3330.05	1.092 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Torrent Phar (TorrentPhar)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	3314.30	3390.00	3589.95	3294.00	1.785 times
30 Mon Sep 2024	3399.75	3538.95	3538.95	3321.35	0.513 times
30 Fri Aug 2024	3488.70	3169.70	3574.00	3158.60	0.903 times
31 Wed Jul 2024	3172.80	2793.05	3256.20	2760.30	1.201 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Torrent Phar (TorrentPhar)

Price action analysis of Torrent Phar ( (TorrentPhar) ) 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.

Price action analysis of Torrent Phar ( (TorrentPhar) ) based on a short 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.

Price action analysis of Torrent Phar ( (TorrentPhar) ) 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.

Price action analysis of Torrent Phar ( (TorrentPhar) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Torrent Phar stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Torrent Phar in short term and the sell signal is strong.

Torrent Phar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Torrent Phar in short term and SELL signal is strong!

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 Phar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3412.25 and Torrent Phar (TorrentPhar) 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 Phar (TorrentPhar) stock. Volume based technical analysis of Torrent Phar (TorrentPhar) stock is negative.

Torrent Phar Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.