(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 2022-05-27 View latest technical analysis
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)
Intraday share price targets for Torrent Phar (TorrentPhar)
|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|
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.