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Stock analysis Torrent Power Limited TORNTPOWER

More indepth analysis on MunafaSutra.com

Moving Averages for Torrent Power Limited

  • 5Day Average: 1462.35
  • 12Day Average: 1414.2
  • 20Day Average: 1440.14
  • 50Day Average: 1537.1
  • 100Day Average: 1685.78
  • 150Day Average: 1665.22
  • 200Day Average: 1616.26

TORNTPOWER Indicators & signals

Indicator MACD (12,26,9)

1440.78, 1474.87, -47.71
Indicator MACD is in negative zone

Indicator ADX (14)

13.54, 20.05, 26.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
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 Tue Jan 2025 1437.95 1431.05 to 1485.00 -3.03% 0.55 times
20 Mon Jan 2025 1482.95 1473.30 to 1522.90 0.4% 0.52 times
17 Fri Jan 2025 1477.00 1472.30 to 1518.00 -1.06% 0.63 times
16 Thu Jan 2025 1492.75 1430.10 to 1504.10 5.04% 1.38 times
15 Wed Jan 2025 1421.10 1360.40 to 1441.70 3.12% 1.29 times
14 Tue Jan 2025 1378.10 1311.00 to 1387.45 5.22% 1.05 times
13 Mon Jan 2025 1309.75 1301.00 to 1366.00 0% 0.84 times
13 Mon Jan 2025 1309.75 1301.00 to 1366.00 -3.57% 0.84 times
10 Fri Jan 2025 1358.25 1350.10 to 1424.00 -4% 0.98 times
09 Thu Jan 2025 1414.80 1411.00 to 1458.00 -1.37% 1.37 times
08 Wed Jan 2025 1434.45 1429.95 to 1474.10 -1.31% 1.1 times
07 Tue Jan 2025 1453.50 1447.30 to 1494.60 -1.21% 0.59 times

Technical analysis forecast for Torrent Power Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Torrent Power Limited TORNTPOWER at this time. Stock is falling and might fall more.

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

Stock of Torrent Power Limited (TORNTPOWER) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Torrent Power Limited is bearish for shortterm, and stock might move down till 1396.7 or till 1323.4. Use a stoploss of 1457.8 and if the stock hits stoploss, then it can shoot up till 1518.9

More indepth analysis on MunafaSutra.com