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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 8783

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 2939.85 2927.00 2952.70 2879.10 1.007 times
26 Thu May 2022 2900.90 2750.00 2931.05 2750.00 6.978 times
25 Wed May 2022 2634.55 2610.30 2646.65 2591.80 0.394 times
24 Tue May 2022 2592.50 2626.70 2626.70 2554.25 0.368 times
23 Mon May 2022 2616.10 2730.00 2730.00 2603.05 0.734 times
20 Fri May 2022 2664.45 2611.45 2681.80 2592.20 0.311 times
19 Thu May 2022 2591.35 2574.00 2607.90 2551.10 0.17 times
18 Wed May 2022 2639.15 2621.00 2646.10 2580.40 0.255 times
17 Tue May 2022 2617.75 2577.95 2626.05 2537.90 0.305 times
16 Mon May 2022 2584.45 2602.00 2608.00 2561.35 0.092 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2906.3, for a target of 2772.5 or 2660.91

Share price targets for Torrent Phar (TorrentPhar)

Target Type Value
Downside Target 2485.00
Downside Target 2537.90
Downside Target 2691.00
Downside Target 2775.00
Downside Target 2826.40
Downside Target 2836.25
Downside Target 2904.55
Upside Target 2952.70
Upside Target 2985.65
Upside Target 3299.90

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type Value
Downside Intraday Target 2678.5
Downside Intraday Target 2417.15
Upside Intraday Target 3076.95
Upside Intraday Target 3214.05
Downside Intraday Target 2815.6

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 2939.85 2730.00 2952.70 2554.25 8.376 times
20 Fri May 2022 2664.45 2602.00 2681.80 2537.90 0.731 times
13 Fri May 2022 2581.35 2646.20 2662.95 2485.00 0.167 times
06 Fri May 2022 2649.30 2814.50 2826.40 2629.80 4.404 times
29 Fri Apr 2022 2807.85 2734.60 2836.25 2691.00 0.762 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Torrent Phar (TorrentPhar)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 2939.85 2814.50 2952.70 2485.00 2.498 times
29 Fri Apr 2022 2807.85 2799.20 2904.55 2691.00 1.202 times
31 Thu Mar 2022 2796.30 2720.00 2985.65 2651.90 0.581 times
28 Mon Feb 2022 2756.90 2660.55 2775.00 2540.00 0.56 times

Scroll below to view daily charts

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

Indicators analysis of Torrent Phar (TorrentPhar)

Indicator Name Indicator Value Indicator Signal
ADX 44, 15, 50 Buy
MACD 6, -49Buy
Stochastics 84Buy
CCI 190Buy
RSI 61Buy
OBV -2345Sell
VWAP 2835Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

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 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 short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for Torrent Phar in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Torrent Phar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Torrent Phar 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 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 2835.32 and Torrent Phar (TorrentPhar) 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 Phar (TorrentPhar) stock. Volume based technical analysis of Torrent Phar (TorrentPhar) stock is negative.

Torrent Phar 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.

Click here for Torrent Phar charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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