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Torrent Power Limited

TORNTPOWER.BO•BSE
Utilities
Independent Power Producers
₹1474.75
₹7.25(0.49%)
Indian Market opens in 1h 36m

Torrent Power Limited (TORNTPOWER.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Torrent Power Limited (BSE:TORNTPOWER.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TORNTPOWER.BO Technical Analysis Summary

Torrent Power Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.41)
Trend Strength:Moderate (ADX: 22.34)
Volatility:Medium (ATR: 52.56)
Support/Resistance:$1303.80 – $1521.38 (Bollinger Bands)

This mix signals that Torrent Power Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 57.41

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.71

Bearish
Overbought levels may trigger pullback.

Williams %R: -10.38

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.46

Bullish
Steady upward momentum.

Takeaway:Torrent Power Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -2.94

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.34

Moderate
Moderate trend, direction gaining strength.

ATR (14): 52.56

Rising
Rising volatility, market activity increasing.

CCI (14): 113.74

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Torrent Power Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1521.38
Middle Band (SMA 20)
$1412.59
Lower Band
$1303.80
Current Position
Within Bands

Takeaway:Torrent Power Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1527.31
Middle Line (EMA 20)
$1422.19
Lower Channel
$1317.07
Squeeze Status
No Squeeze

Takeaway:Torrent Power Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume160.40K
Money Flow Index46.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index67.20Bullish, price momentum strongly favors buyers.

Overall Takeaway:TORNTPOWER.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Torrent Power Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Torrent Power Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ