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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 2023-09-29 View latest technical analysis

10 day averaged volume of Torrent Phar is 10431

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	1928.35	1875.95	1936.70	1864.50	1.759 times
28 Thu Sep 2023	1865.60	1869.85	1876.60	1848.85	0.448 times
27 Wed Sep 2023	1848.75	1831.00	1851.40	1831.00	0.235 times
26 Tue Sep 2023	1828.25	1848.00	1849.85	1822.25	0.369 times
25 Mon Sep 2023	1847.25	1840.05	1853.55	1830.05	0.429 times
22 Fri Sep 2023	1851.20	1872.60	1872.60	1835.15	2.817 times
21 Thu Sep 2023	1874.80	1883.45	1885.90	1866.25	0.149 times
20 Wed Sep 2023	1883.45	1885.05	1892.40	1872.40	0.612 times
18 Mon Sep 2023	1884.65	1871.05	1896.65	1866.95	3.815 times
15 Fri Sep 2023	1870.10	1848.40	1875.55	1848.35	0.419 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 1932.8, for a target of 1895.5 or 1864.38

Share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Target	1599.00
Downside Target	1761.45
Downside Target	1895.00
Downside Target	1896.65
Upside Target	1936.70
Upside Target	1936.75
Upside Target	1981.50
Upside Target	1982.00
Upside Target	2036.15
Upside Target	2099.95

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Intraday Target	1854.83
Downside Intraday Target	1781.32
Upside Intraday Target	1969.28
Upside Intraday Target	2010.22
Downside Intraday Target	1895.77

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	1928.35	1840.05	1936.70	1822.25	0.438 times
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

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
29 Fri Sep 2023	1928.35	1869.90	1936.75	1771.35	1.272 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Torrent Phar ( (TorrentPhar) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 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

Although the stock is in the BUY zone, but buying 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 1877.46 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.