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Technicals for Torrent Power Limited
By MusingTheNews
2025-08-15 20:58
Overall Technical outlook
Price Summary
The stock of Torrent Power Limited experienced a -2.73% dip, showcasing a unimpressive market performance. Torrent Power Limited's stock, on 2025-08-14 opened at 1366.9, climbed to a high of 1366.9, dropped to a low of 1327.3, and closed up -2.73% at 1329.6, with 771769 shares traded. The highest price the stock achieved in the past 52 weeks is 1973.65, while the lowest price it saw is 1235.15. 10 analysts suggest that TORNTPOWER's future price will lie between 1050.0 and 1636.0, with an average expected price of roughly 1380.4.
Technicals
Support and Resistance: At 1329.6, the price is supported by 1322.5 and resisted by 1390.4. This indicates that the price for Torrent Power Limited might fluctuate between these levels, with 1322.5 acting as a support and 1390.4 limiting further upward movement. Support/Resistance for TORNTPOWER
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for TORNTPOWER, with no strong trend emerging. Aroon chart for Torrent Power Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Torrent Power Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for TORNTPOWER. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Torrent Power Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Torrent Power Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long. 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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