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Stock analysis Torrent Power Limited TORNTPOWER

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Moving Averages for Torrent Power Limited

  • 5Day Average: 722.22
  • 12Day Average: 718.47
  • 20Day Average: 698.65
  • 50Day Average: 663.93
  • 100Day Average: 629.24
  • 150Day Average: 592.92
  • 200Day Average: 566.73

TORNTPOWER Indicators & signals

Indicator MACD (12,26,9)

713, 694.37, 18.45
Indicator MACD is in positive zone

Indicator ADX (14)

18.77, 21.96, 15.02
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TORNTPOWER Torrent Power Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Sep 2023 718.00 711.60 to 721.95 -0.24% 0.24 times
20 Wed Sep 2023 719.70 714.90 to 729.95 -0.44% 0.46 times
18 Mon Sep 2023 722.85 717.50 to 732.45 -0.18% 0.44 times
15 Fri Sep 2023 724.15 719.00 to 745.50 -0.31% 0.97 times
14 Thu Sep 2023 726.40 722.65 to 740.00 0.09% 0.66 times
13 Wed Sep 2023 725.75 711.75 to 734.15 0.78% 0.83 times
12 Tue Sep 2023 720.15 712.05 to 736.50 0.37% 1.63 times
11 Mon Sep 2023 717.50 697.00 to 735.55 -1.1% 1.67 times
08 Fri Sep 2023 725.45 719.25 to 732.40 0.76% 1.31 times
07 Thu Sep 2023 719.95 697.35 to 724.50 2.83% 1.45 times
06 Wed Sep 2023 700.15 685.00 to 709.15 -0.21% 0.58 times
05 Tue Sep 2023 701.60 695.00 to 715.45 -0.55% 1.05 times

Technical analysis forecast of Torrent Power Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Torrent Power Limited TORNTPOWER at this time. Stock is rising and might rise more.

It appears as if Torrent Power Limited TORNTPOWER gave a large move recently.

Stock of Torrent Power Limited (TORNTPOWER) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Torrent Power Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 728.4 as stoploss in an intra day sell trade for a target of 701.7. However, stock will show a bullish move above 728.4.

More indepth analysis on MunafaSutra.com