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Technicals for Torrent Power Limited
By MusingTheNews
2025-07-16 20:57
Overall Technical outlook
Price Summary
On 2025-07-16, Torrent Power Limited's stock began at 1395.0, peaked at 1408.0, bottomed at 1386.2, and closed -0.06% down at 1394.1, with a volume of 292988 shares. The stock reached its highest price of 1973.65 and lowest price of 1235.15 over the last 52 weeks. According to 10 analysts, the future price is anticipated to vary between 1050.0 and 1563.0, with an average expected price of around 1354.5.
Technicals
Support and Resistance: The price for TORNTPOWER is 1394.1, with support at 1344.3 and resistance at 1426.1. This suggests a range where 1344.3 acts as a base, preventing declines, and 1426.1 caps gains, defining key trading levels. Support/Resistance for TORNTPOWER
Aroon: The AROON 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. Aroon chart for Torrent Power Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Torrent Power Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Torrent Power Limited
Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments. Stochastic chart for Torrent Power Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Torrent Power Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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