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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 2023-01-18 View latest technical analysis

10 day averaged volume of Torrent Phar is 1784

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Jan 2023	1617.30	1570.15	1620.00	1570.15	1.093 times
17 Tue Jan 2023	1585.25	1570.25	1590.90	1570.25	0.999 times
16 Mon Jan 2023	1569.65	1558.85	1574.50	1551.15	0.897 times
13 Fri Jan 2023	1551.60	1567.95	1567.95	1531.35	2.388 times
12 Thu Jan 2023	1543.30	1559.95	1559.95	1536.55	0.591 times
11 Wed Jan 2023	1553.15	1551.10	1567.65	1547.55	0.59 times
10 Tue Jan 2023	1564.75	1576.95	1576.95	1548.10	0.69 times
09 Mon Jan 2023	1562.30	1541.05	1571.70	1541.05	1.018 times
06 Fri Jan 2023	1549.45	1560.05	1566.35	1544.45	0.813 times
05 Thu Jan 2023	1560.70	1578.95	1578.95	1542.90	1.047 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 1602.7, for a target of 1581.8 or 1564.37

Share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Target	1449.25
Downside Target	1531.25
Downside Target	1578.95
Downside Target	1583.95
Downside Target	1597.80
Downside Target	1602.85
Upside Target	1620.00
Upside Target	1655.00
Upside Target	1661.05
Upside Target	1722.70

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Intraday Target	1572.3
Downside Intraday Target	1527.3
Upside Intraday Target	1641.15
Upside Intraday Target	1665
Downside Intraday Target	1596.15

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Jan 2023	1617.30	1558.85	1620.00	1551.15	0.566 times
13 Fri Jan 2023	1551.60	1541.05	1576.95	1531.35	1.089 times
06 Fri Jan 2023	1549.45	1540.05	1578.95	1531.95	1.188 times
30 Fri Dec 2022	1551.65	1531.25	1583.95	1531.25	0.33 times
23 Fri Dec 2022	1559.90	1592.00	1602.85	1556.05	2.675 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
18 Wed Jan 2023	1617.30	1540.05	1620.00	1531.35	0.383 times
30 Fri Dec 2022	1551.65	1661.05	1661.05	1531.25	0.624 times
30 Wed Nov 2022	1662.25	1642.70	1722.70	1597.80	0.189 times
31 Mon Oct 2022	1649.70	1559.85	1655.00	1549.70	1.28 times

Scroll below to view daily charts

Price has moved up 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)

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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Torrent Phar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1565.96 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 negative.

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