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Technicals for Torrent Power Limited
By MusingTheNews
2025-04-25 20:58
Overall Technical outlook
Price Summary
The stock of TORNTPOWER declined -3.87% today, reflecting a mediocre market performance. On 2025-04-25, Torrent Power Limited's stock opened at 1600.6, reached 1609.0, hit a low of 1521.9, and rose -3.87% to close at 1538.6, with 294490 shares traded. In the past year, the highest stock price was 1973.65, and the lowest was 1235.15. 10 analysts estimate that the future price of TORNTPOWER will fall between 1060.0 and 1593.0, with an average price expectation of approximately 1354.7.
Technicals
Support and Resistance: The current price of 1538.6 for TORNTPOWER finds support at 1517.4 and resistance at 1709.9. These levels define a range in which the price might oscillate, with 1517.4 as a potential support and 1709.9 as a resistance level. Support/Resistance for TORNTPOWER
Aroon: The AROON is in a neutral stance for TORNTPOWER, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. 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 continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for TORNTPOWER. Parabolic Stop and Reverse chart for Torrent Power Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Torrent Power Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Torrent Power Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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