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Technicals for Torrent Pharmaceuticals Limited
By MusingTheNews
2025-10-17 20:59
Overall Technical outlook
Price Summary
On 2025-10-17, Torrent Pharmaceuticals Limited's stock began at 3533.8, peaked at 3603.5, declined to 3505.5, and ended the day 1.43% up at 3584.3, with 171462 shares traded. For the 52-week period, the stock's highest price is 3768.1, and the lowest price is 2930.3. 26 analysts suggest that TORNTPHARM's future price will lie between 3425.0 and 4380.0, with an average expected price of roughly 3937.0386.
Technicals
Support and Resistance: At 3584.3, the price for TORNTPHARM is supported at 3504.6 and resisted at 3651.6. This indicates a trading range where 3504.6 serves as a support level, potentially preventing further decline, while 3651.6 could limit upward movement. Support/Resistance for TORNTPHARM
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Torrent Pharmaceuticals Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Torrent Pharmaceuticals Limited
Parabolic SAR: The PSAR has just shifted from bearish to bullish, hinting at a potential upward trend. If this change is supported by other indicators, it could signal a strong bullish trend. Investors should watch for additional confirmation before fully committing to this potential market opportunity. Parabolic Stop and Reverse chart for Torrent Pharmaceuticals Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Torrent Pharmaceuticals Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Torrent Pharmaceuticals Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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