Is TORRENT POWER in uptrend or downtrend?

In the short term price movements in TORNTPOWER share indicates the market is Bearish but has taken halt for sometime.

What is TORRENT POWER share price forecast for tomorrow?

In Torrent Power Limited stock current resistance level is at 1505 and support level is at 1428. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are TORRENT POWER support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Torrent Power Limited in the short-term, the supply zone around 1505 and 1510. Hence, good chances of resistance around 1510. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Torrent Power Limited share is around 1428 and 1430. Hence, good chances for support around 1430.

Why is TORRENT POWER share price falling today?

Latest analysis on TORNTPOWER stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents a bearish trend. That's why TORNTPOWER stock is having a fall today. Perhaps it's worth looking at the long-term and mid-term trend analysis of TORNTPOWER stock to understand the overall trend.

TORRENT POWER Share Price | Forecast Today

Analyzing Market Data

Analyzing Market Data