Overall Technical outlook

Price Summary

On 2025-05-30, Torrent Pharmaceuticals Limited's stock opened at 3161.1, peaked at 3191.9, hit a low of 3150.0, and closed 0.43% up at 3174.7, with 484230 shares changing hands.
Over the past 52 weeks, the stock reached a maximum price of 3557.25 and a minimum price of 2677.95.
Future price predictions suggest a range between 2930.0 and 4232.0, with an average expected price of 3612.1785, as per 28 analysts.

Technicals

Support and Resistance: The current price of 3174.7 is supported at 3114.7, with resistance at 3245.05. This suggests that the price for TORNTPHARM might remain between these levels, where 3114.7 acts as a floor and 3245.05 as a ceiling in the market.
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Support/Resistance for TORNTPHARM


Aroon: The AROON is currently in a neutral position for Torrent Pharmaceuticals Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Aroon chart for Torrent Pharmaceuticals Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Bolinger Bands chart for Torrent Pharmaceuticals Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for TORNTPHARM.
TORNTPHARM psar c2110e
Parabolic Stop and Reverse chart for Torrent Pharmaceuticals Limited


Stochastic: The Stochastic K-line's descent below the D-line and under 20 suggests a mildly bearish outlook for TORNTPHARM. This indicates that the market may face some pressure to the downside, though the bearish tone is moderate. Investors should consider this as a potential early warning sign.
TORNTPHARM stoch c2110e
Stochastic chart for Torrent Pharmaceuticals 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.
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Tripple SMA chart for Torrent Pharmaceuticals Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.