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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 2024-08-16 View latest technical analysis

10 day averaged volume of Torrent Phar is 4923

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	3346.35	3382.65	3382.65	3294.85	0.66 times
14 Wed Aug 2024	3349.15	3394.75	3394.75	3264.85	0.513 times
13 Tue Aug 2024	3362.40	3330.65	3384.00	3314.80	1.163 times
12 Mon Aug 2024	3339.55	3347.95	3361.50	3309.65	0.59 times
09 Fri Aug 2024	3335.55	3349.35	3364.75	3300.00	0.349 times
08 Thu Aug 2024	3332.90	3330.00	3370.00	3302.85	0.944 times
07 Wed Aug 2024	3325.35	3240.00	3329.55	3234.80	1.463 times
06 Tue Aug 2024	3226.10	3175.00	3295.00	3175.00	1.013 times
05 Mon Aug 2024	3167.00	3199.95	3227.35	3158.60	1.289 times
02 Fri Aug 2024	3227.35	3160.10	3270.90	3160.10	1.611 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3326.8, but if it comes below 3326.8, then a intra day sell could be more profitable.
If you take a sell trade below 3326.8, then use 3326.8 as stoploss and 3212.49 as target. However if you take a buy trade in stock , then use 3326.8 as stoploss and 3464 as target.

Share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Target	2508.65
Downside Target	2576.40
Downside Target	2743.75
Downside Target	2839.90
Downside Target	2906.90
Downside Target	3079.00
Downside Target	3256.20
Downside Target	3264.85
Downside Target	3270.90
Upside Target	3370.00
Upside Target	3394.75

Intraday share price targets for Torrent Phar (TorrentPhar)

Target Type	Value
Downside Intraday Target	3275.88
Downside Intraday Target	3205.42
Upside Intraday Target	3405.78
Upside Intraday Target	3465.22
Downside Intraday Target	3335.32

Weekly technical analysis of Torrent Phar (TorrentPhar)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	3346.35	3347.95	3394.75	3264.85	0.578 times
09 Fri Aug 2024	3335.55	3199.95	3370.00	3158.60	0.763 times
02 Fri Aug 2024	3227.35	3207.95	3270.90	3105.25	0.657 times
26 Fri Jul 2024	3191.25	2947.55	3256.20	2906.90	4.614 times
19 Fri Jul 2024	2948.50	2921.00	3079.00	2921.00	0.824 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
16 Fri Aug 2024	3346.35	3169.70	3394.75	3158.60	0.443 times
31 Wed Jul 2024	3172.80	2793.05	3256.20	2760.30	1.201 times
28 Fri Jun 2024	2789.90	2724.90	2977.10	2576.40	1.106 times
31 Fri May 2024	2696.40	2650.40	2839.90	2513.05	1.223 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Torrent Phar stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Torrent Phar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 3286.33 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 positive

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