(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 2023-01-23 View latest technical analysis
10 day averaged volume of Torrent Phar is 1921
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 1596.40 | 1585.05 | 1610.10 | 1577.40 | 2.601 times |
| 20 Fri Jan 2023 | 1582.70 | 1591.05 | 1598.55 | 1569.45 | 1.378 times |
| 19 Thu Jan 2023 | 1600.65 | 1617.05 | 1632.00 | 1590.15 | 0.945 times |
| 18 Wed Jan 2023 | 1617.30 | 1570.15 | 1620.00 | 1570.15 | 1.015 times |
| 17 Tue Jan 2023 | 1585.25 | 1570.25 | 1590.90 | 1570.25 | 0.928 times |
| 16 Mon Jan 2023 | 1569.65 | 1558.85 | 1574.50 | 1551.15 | 0.833 times |
| 13 Fri Jan 2023 | 1551.60 | 1567.95 | 1567.95 | 1531.35 | 2.218 times |
| 12 Thu Jan 2023 | 1543.30 | 1559.95 | 1559.95 | 1536.55 | 0.549 times |
| 11 Wed Jan 2023 | 1553.15 | 1551.10 | 1567.65 | 1547.55 | 0.548 times |
| 10 Tue Jan 2023 | 1564.75 | 1576.95 | 1576.95 | 1548.10 | 0.641 times |
Stock of Torrent Phar (TorrentPhar) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1587.5, but if it comes below 1587.5, then a intra day sell could be more profitable.
If you take a sell trade below 1587.5, then use 1587.5 as stoploss and 1567.55 as target. However if you take a buy trade in stock , then use 1587.5 as stoploss and 1611.5 as target.
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 |
| Upside Target | 1597.80 |
| Upside Target | 1610.10 |
| Upside Target | 1632.00 |
| 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 | 1579.17 |
| Downside Intraday Target | 1561.93 |
| Upside Intraday Target | 1611.87 |
| Upside Intraday Target | 1627.33 |
| Downside Intraday Target | 1594.63 |
Weekly technical analysis of Torrent Phar (TorrentPhar)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 1596.40 | 1585.05 | 1610.10 | 1577.40 | 0.51 times |
| 20 Fri Jan 2023 | 1582.70 | 1558.85 | 1632.00 | 1551.15 | 1.04 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 |
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 |
| 23 Mon Jan 2023 | 1596.40 | 1540.05 | 1632.00 | 1531.35 | 0.537 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 | 0.257 times |
| 31 Mon Oct 2022 | 1649.70 | 1559.85 | 1655.00 | 1549.70 | 0.941 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 25, 14, 30 | Buy |
| MACD | -4, -12 | Buy |
| Stochastics | 62 | None |
| CCI | 69 | Buy |
| RSI | 51 | Buy |
| OBV | 6276 | Sell |
| VWAP | 1579 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 1579.35 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.
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