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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 2022-05-16 View latest technical analysis

10 day averaged volume of Torrent Phar is 10832

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 2584.45 2602.00 2608.00 2561.35 0.074 times
13 Fri May 2022 2581.35 2518.75 2628.90 2514.05 0.32 times
12 Thu May 2022 2503.40 2547.60 2553.75 2485.00 0.36 times
11 Wed May 2022 2555.05 2578.60 2612.85 2520.05 0.303 times
10 Tue May 2022 2579.40 2597.75 2627.20 2574.85 0.122 times
09 Mon May 2022 2597.25 2646.20 2662.95 2575.00 0.151 times
06 Fri May 2022 2649.30 2629.80 2681.90 2629.80 0.195 times
05 Thu May 2022 2680.95 2715.95 2725.70 2667.55 0.101 times
04 Wed May 2022 2691.10 2791.25 2798.25 2682.15 7.085 times
02 Mon May 2022 2791.40 2814.50 2826.40 2753.15 0.149 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2597.4, but if it comes above 2597.4, then a intra day buy could be more profitable.
If you take a sell trade below 2597.4, then use 2597.4 as stoploss and 2468.4 as target. However if you take a buy trade in stock , then use 2597.4 as stoploss and 2705 as target.

Share price targets for Torrent Phar (TorrentPhar)

Target Type Value
Downside Target 2485.00
Downside Target 2540.00
Upside Target 2713.00
Upside Target 2775.00
Upside Target 2826.40
Upside Target 2836.25
Upside Target 2904.55
Upside Target 2985.65
Upside Target 3299.90

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type Value
Downside Intraday Target 2561.2
Downside Intraday Target 2537.95
Upside Intraday Target 2607.85
Upside Intraday Target 2631.25
Upside Intraday Target 2584.6

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 2584.45 2602.00 2608.00 2561.35 0.059 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
22 Fri Apr 2022 2734.60 2832.15 2904.55 2713.00 1.766 times

Price has moved up 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
16 Mon May 2022 2584.45 2814.50 2826.40 2485.00 1.272 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 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 17, 28, 25 Sell
MACD -105, -84Sell
Stochastics 21Sell
CCI -45Buy
RSI 47Sell
OBV -61910Sell
VWAP 2671Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Torrent Phar ( (TorrentPhar) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Torrent Phar in short term and the sell 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Torrent Phar in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 2671.48 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.

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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