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Technicals for Torrent Power Limited
By MusingTheNews
2025-06-13 20:58
Overall Technical outlook
Price Summary
On 2025-06-13, TORNTPOWER's stock began at 1400.0, peaked at 1419.7, dipped to 1389.9, and closed up 1.0% at 1414.0, with a volume of 779333 shares. During the 52-week span, the stock hit a high of 1973.65 and a low of 1235.15. The price projection is between 1060.0 and 1593.0, with an average expected price around 1354.7, according to 10 analysts.
Technicals
Support and Resistance: At 1414.0, the price is supported by 1409.3 and resisted by 1479.2. This indicates that the price for Torrent Power Limited might fluctuate between these levels, with 1409.3 acting as a support and 1479.2 limiting further upward movement. Support/Resistance for TORNTPOWER
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Torrent Power Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Torrent Power Limited
Parabolic SAR: The PSAR has recently reversed from bullish to bearish, hinting at a possible market downturn. If this shift is supported by other trends, it could represent a significant bearish signal for TORNTPOWER. Investors should be cautious and seek further confirmation before making decisions. Parabolic Stop and Reverse chart for Torrent Power Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Torrent Power Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Torrent Power Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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