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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)

10 day averaged volume of Torrent Phar is 3453

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 2587.80 2517.90 2624.55 2517.90 0.393 times
07 Tue May 2024 2617.45 2716.30 2726.35 2608.20 0.692 times
06 Mon May 2024 2715.55 2774.50 2774.50 2696.80 0.982 times
03 Fri May 2024 2732.60 2683.00 2782.00 2683.00 3.642 times
02 Thu May 2024 2673.80 2650.40 2687.25 2641.05 0.308 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2557.3 as stoploss in an intra day buy trade for a target of 2621.12. However, stock will show a bearish move below 2557.3.

Share price targets for Torrent Phar (TorrentPhar)

Target Type Value
Downside Target 2270.15
Downside Target 2481.15
Upside Target 2625.20
Upside Target 2634.80
Upside Target 2699.95
Upside Target 2730.40
Upside Target 2743.75
Upside Target 2745.55
Upside Target 2774.50
Upside Target 2782.00

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type Value
Downside Intraday Target 2478.97
Downside Intraday Target 2370.13
Upside Intraday Target 2735.57
Upside Intraday Target 2883.33
Upside Intraday Target 2626.73

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 2587.80 2774.50 2774.50 2517.90 0.408 times
03 Fri May 2024 2732.60 2743.75 2782.00 2634.80 1.112 times
26 Fri Apr 2024 2690.45 2537.15 2730.40 2537.15 2.161 times
19 Fri Apr 2024 2536.85 2524.90 2580.60 2508.65 0.431 times
12 Fri Apr 2024 2576.40 2587.35 2625.20 2540.05 0.582 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
08 Wed May 2024 2587.80 2650.40 2782.00 2517.90 0.285 times
30 Tue Apr 2024 2640.40 2619.50 2743.75 2508.65 0.732 times
28 Thu Mar 2024 2601.15 2717.75 2745.55 2488.00 1.282 times
29 Thu Feb 2024 2664.45 2540.65 2699.95 2481.15 0.121 times

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

Indicators analysis of Torrent Phar (TorrentPhar)

Indicator Name Indicator Value Indicator Signal
ADX 22, 32, 19 Sell
MACD 34, 40Sell
Stochastics 38None
CCI -216Sell
RSI 51Buy
OBV 14813Sell
VWAP 2694Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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

Price action analysis of Torrent Phar ( (TorrentPhar) ) 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

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

Price action analysis of Torrent Phar ( (TorrentPhar) ) based on a mid to longer 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 Phar stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Torrent Phar 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 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 2694.37 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 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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