TORNTPOWER Expect bullish for shorttermWeekly trendline breakout observed. If it sustain expect short term bullish.
Buy TORNTPOWER Above 1430
Expected TARGET 1480.......1560+
STOP LOSS 1400
38.55INR
21.17 BINR
256.00 BINR
161.54 M
About TORRENT POWER LTD.
Sector
Industry
Headquarters
Ahmedabad
Employees (FY)
21.51 K
Founded
2004
ISIN
INE813H01021
FIGI
BBG000GM32Q7
Torrent Power Ltd. engages in the business of power generation, transmission, and distribution of electricity. It also focuses on the manufacture and sale of cables. The company was founded on April 29, 2004 and is headquartered in Ahmedabad, India.
TORRENT POWER - Swing Trade - 13th March #stocksTORRENT POWER (1D TF) - Swing Trade Analysis given on 13th March, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
Torrent Power : channel breakout - need to sustainTorrent Power :
Channel Breakout in progress, earlier rejections were there, so, need to sustain 1260-1270 levels
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
torrent powermonthly rsi above 55.
rs positive
good move in upside .
big volume made.
power sector in trend.
keep investing.
if like share and press boost button.
Daily Bullish Flag Pattern BO in TORRENT POWERIntroduction:
Torrent Power is one of the leading brands in the Indian power sector, promoted by the Rs. 21500 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power uti
#Torrent power Torrent power stock two range 1073 & 983 crucial levels break up & down side movement
TORENTPOWER 2.5x in next 2-3 years PossibilityTORENTPOWER 2.5x in next 2-3 years Possibility.
Based on monthly chart Pattern 2700+ Targets possible on TORENT POWER in next 2-3 Years
Happy investing.
Torrent Power Bullish BiasThe chart looks very attractive and aims to get minimum 7-9% return within few days itself
Hidden Divergence at Play
SL 880s
Target 1020s zone
Risk Reward is 1.22
TORNTPOWER - Darvas Box Pattern - 36% ROI1 – Two years consolidation
2 – Darvas box – Range breakout volume in weekly time frame
3 – Retest & 5 weeks of consolidation after breakout
4 - Continuation breakout confirms uptrend after 5 weeks of consolidation period
5 – Above all EMAs
6 – HH & HL pattern with trend line support
Aggressive en
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Frequently Asked Questions
The current price of TORNTPOWER is 1500.20 INR — it has decreased by 0.49% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange TORRENT POWER LTD. stocks are traded under the ticker TORNTPOWER.
TORRENT POWER LTD. is going to release the next earnings report on May 28, 2024. Keep track of upcoming events with our Earnings Calendar.
TORNTPOWER stock is 3.60% volatile and has beta coefficient of 0.36. Check out the list of the most volatile stocks — is TORRENT POWER LTD. there?
One year price forecast for TORRENT POWER LTD. has a max estimate of 1300.00 INR and a min estimate of 720.00 INR.
TORNTPOWER earnings for the last quarter are 11.00 INR per share, whereas the estimation was 11.10 INR resulting in a −0.90% surprise. The estimated earnings for the next quarter are 14.90 INR per share. See more details about TORRENT POWER LTD. earnings.
TORRENT POWER LTD. revenue for the last quarter amounts to 69.61 B INR despite the estimated figure of 77.86 B INR. In the next quarter revenue is expected to reach 69.03 B INR.
Yes, you can track TORRENT POWER LTD. financials in yearly and quarterly reports right on TradingView.
TORNTPOWER stock has fallen by 4.17% compared to the previous week, the month change is a 20.11% rise, over the last year TORRENT POWER LTD. has showed a 183.97% increase.
TORNTPOWER net income for the last quarter is 3.60 B INR, while the quarter before that showed 5.26 B INR of net income which accounts for −31.58% change. Track more TORRENT POWER LTD. financial stats to get the full picture.
Today TORRENT POWER LTD. has the market capitalization of 724.58 B, it has increased by 6.95% over the last week.
TORRENT POWER LTD. dividend yield was 2.55% in 2022, and payout ratio reached 29.51%. The year before the numbers were 1.83% and 95.28% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, TORNTPOWER shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TORRENT POWER LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 21.51 K employees. See our rating of the largest employees — is TORRENT POWER LTD. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TORRENT POWER LTD. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TORRENT POWER LTD. stock shows the strong buy signal. See more of TORRENT POWER LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on TORRENT POWER LTD. future price: according to them, TORNTPOWER price has a max estimate of 1300.00 INR and a min estimate of 720.00 INR. Read a more detailed TORRENT POWER LTD. forecast: see what analysts think of TORRENT POWER LTD. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TORRENT POWER LTD. EBITDA is 45.41 B INR, and current EBITDA margin is 18.68%. See more stats in TORRENT POWER LTD. financial statements.