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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 2023-01-27 View latest technical analysis

10 day averaged volume of Torrent Phar is 2955

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 1537.80 1550.05 1552.85 1507.35 2.373 times
25 Wed Jan 2023 1557.50 1575.55 1588.45 1549.55 2.503 times
24 Tue Jan 2023 1586.95 1597.05 1607.50 1579.90 0.695 times
23 Mon Jan 2023 1596.40 1585.05 1610.10 1577.40 1.691 times
20 Fri Jan 2023 1582.70 1591.05 1598.55 1569.45 0.896 times
19 Thu Jan 2023 1600.65 1617.05 1632.00 1590.15 0.614 times
18 Wed Jan 2023 1617.30 1570.15 1620.00 1570.15 0.66 times
17 Tue Jan 2023 1585.25 1570.25 1590.90 1570.25 0.603 times
16 Mon Jan 2023 1569.65 1558.85 1574.50 1551.15 0.541 times
13 Fri Jan 2023 1551.60 1567.95 1567.95 1531.35 1.442 times

Stock of Torrent Phar (TorrentPhar) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1544.5, but if it comes above 1544.5, then a intra day buy could be more profitable.
If you take a sell trade below 1544.5, then use 1544.5 as stoploss and 1519 as target. However if you take a buy trade in stock , then use 1544.5 as stoploss and 1565.81 as target.

Share price targets for Torrent Phar (TorrentPhar)

Target Type Value
Downside Target 1449.25
Downside Target 1507.35
Upside Target 1578.95
Upside 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 1493.4
Downside Intraday Target 1449
Upside Intraday Target 1596.15
Upside Intraday Target 1654.5
Upside Intraday Target 1551.75

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date Weekly Closing Price Open High Low Volume
27 Fri Jan 2023 1537.80 1585.05 1610.10 1507.35 2.191 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 down 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 Jan 2023 1537.80 1540.05 1632.00 1507.35 0.806 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 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, 30, 28 Sell
MACD -11, -9Sell
Stochastics 35None
CCI -154Sell
RSI 47Sell
OBV -11416Sell
VWAP 1569Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Torrent Phar ( (TorrentPhar) ) based on a short to mid 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 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 gaining momentum.

MACD generated a SELL signal for Torrent Phar in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Torrent Phar in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1569.38 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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