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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 2023-09-22 View latest technical analysis

10 day averaged volume of Torrent Phar is 9848

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	1851.20	1872.60	1872.60	1835.15	2.983 times
21 Thu Sep 2023	1874.80	1883.45	1885.90	1866.25	0.158 times
20 Wed Sep 2023	1883.45	1885.05	1892.40	1872.40	0.648 times
18 Mon Sep 2023	1884.65	1871.05	1896.65	1866.95	4.041 times
15 Fri Sep 2023	1870.10	1848.40	1875.55	1848.35	0.443 times
14 Thu Sep 2023	1839.30	1860.10	1882.10	1838.00	0.752 times
13 Wed Sep 2023	1868.30	1825.15	1876.00	1825.15	0.398 times
12 Tue Sep 2023	1857.35	1865.25	1885.75	1847.50	0.777 times
11 Mon Sep 2023	1867.80	1880.10	1895.00	1861.05	0.91 times
08 Fri Sep 2023	1872.95	1899.95	1899.95	1862.60	1.136 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1836.5 as stoploss in an intra day buy trade for a target of 1881.33. However, stock will show a bearish move below 1836.5.

Share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Target	1599.00
Downside Target	1761.45
Upside Target	1896.65
Upside Target	1923.50
Upside Target	1936.75
Upside Target	1981.50
Upside Target	1982.00
Upside Target	2003.50
Upside Target	2036.15
Upside Target	2099.95

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Intraday Target	1825.35
Downside Intraday Target	1799.5
Upside Intraday Target	1886.85
Upside Intraday Target	1922.5
Upside Intraday Target	1861

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	1851.20	1871.05	1896.65	1835.15	2.387 times
15 Fri Sep 2023	1870.10	1880.10	1895.00	1825.15	0.429 times
08 Fri Sep 2023	1872.95	1821.15	1936.75	1793.95	1.14 times
01 Fri Sep 2023	1785.40	1959.95	1982.00	1771.35	0.74 times
25 Fri Aug 2023	1939.85	1945.05	2003.50	1923.50	6.016 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
22 Fri Sep 2023	1851.20	1869.90	1936.75	1771.35	1.101 times
31 Thu Aug 2023	1843.50	1989.05	2099.95	1837.50	2.732 times
31 Mon Jul 2023	2002.75	1905.25	2036.15	1862.15	0.402 times
30 Fri Jun 2023	1905.20	1838.90	1981.50	1761.45	0.577 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 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 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 SELL. 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.

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 BUY signal in short term but buying is losing 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 1868.4 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.