range break out in torrent pharmaas pharma index trying to break range so stock will also follow to break their range hence torrent pharma will also follow.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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53.25 INR
16.56 B INR
106.05 B INR
106.71 M
About TORRENT PHARMACEUTICALS L
Sector
Headquarters
Ahmedabad
Founded
1959
Website
ISIN
INE685A01028
FIGI
BBG000D80XY7
Torrent Pharmaceuticals Ltd. engages in the research, development, manufacture, and marketing of generic pharmaceutical formulations. It offers pharmaceutical products to local and international markets, particularly in countries such as India, USA, Germany, Brazil, and other countries. The company was founded by Uttambhai Nathalal Mehta in 1959 and is headquartered in Ahmedabad, India.
TORNTPHARM for 2800?TORNTPHARM CMP 3205
Observations: Price broke down from a 3 months consolidation and Retesting the breakdown levels at 3290-3320
Price is trading below the Cloud on Daily TF, Future Cloud is Negative
In shorter TF, it looks like a Rounding TOP formation and breakdown.. Suggesting 2800 levels (I
Flag and Pole Pattern with 20 WEMA SetupNSE:TORNTPHARM has made a Pole and Flag Pattern on a Weekly Timeframe with 20 WEMA on the lower edge of the flag.
If a Bullish flag pattern Breaks Out above 3600, the stock may move toward the pattern target after the breakout which is 4560. Keep a Stop Loss of 3250.
NSE:TORNTPHARM is a lead
Torrent PharmaAll important points are marked.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫
Morningstar with exaggerated rsi bullish divergenceIncrease in volumes
Morning star
possible range breakout
exaggerated rsi bullish divergence
overall uptrend
Torrent Pharma Short Term TradeThere is a small rectangular consolidation
The stock has been in an overall long term uptrend
On breakout there is a surge in volume and atr
Thus, there is a short term trade
tgt 3532 , sl 3346
#TORRENTPHARM #NSE - BASE BREAKOUTTORRENT PHARMACEUTICALS LTD
Breakout from a long BASE in daily time frame.
-0.9% from 52 week high.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
TORRENT PHARMABased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
Torrent Pharma - Flag Breakout A strong flag breakout above 2860.
Flag Height : 1100 points
Support / Stop Loss : 2575
Target : 3300-3700
Medium Term View. (6-18 month time frame)
TORNTPHARM (DAILY)TORNTPHARM (DAILY)
cmp - 2844
Consolidation in a range from 140+ days
consolidation range breakout with volume
entry after retest of breakout zone will be safe
Disclaimer : No Buy Sell recommendation. For educational purpose only.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of TORNTPHARM is 3,094.85 INR — it has decreased by −0.35% in the past 24 hours. Watch TORRENT PHARMACEUTICALS L stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange TORRENT PHARMACEUTICALS L stocks are traded under the ticker TORNTPHARM.
TORNTPHARM stock has fallen by −2.37% compared to the previous week, the month change is a −8.89% fall, over the last year TORRENT PHARMACEUTICALS L has showed a 48.62% increase.
We've gathered analysts' opinions on TORRENT PHARMACEUTICALS L future price: according to them, TORNTPHARM price has a max estimate of 4,232.00 INR and a min estimate of 3,090.00 INR. Watch TORNTPHARM chart and read a more detailed TORRENT PHARMACEUTICALS L stock forecast: see what analysts think of TORRENT PHARMACEUTICALS L and suggest that you do with its stocks.
TORNTPHARM reached its all-time high on Oct 9, 2024 with the price of 3,590.70 INR, and its all-time low was 4.05 INR and was reached on Dec 1, 1998. View more price dynamics on TORNTPHARM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TORNTPHARM stock is 1.54% volatile and has beta coefficient of 0.38. Track TORRENT PHARMACEUTICALS L stock price on the chart and check out the list of the most volatile stocks — is TORRENT PHARMACEUTICALS L there?
Today TORRENT PHARMACEUTICALS L has the market capitalization of 1.05 T, it has decreased by −1.84% over the last week.
Yes, you can track TORRENT PHARMACEUTICALS L financials in yearly and quarterly reports right on TradingView.
TORRENT PHARMACEUTICALS L is going to release the next earnings report on Feb 4, 2025. Keep track of upcoming events with our Earnings Calendar.
TORNTPHARM earnings for the last quarter are 13.40 INR per share, whereas the estimation was 14.62 INR resulting in a −8.34% surprise. The estimated earnings for the next quarter are 14.32 INR per share. See more details about TORRENT PHARMACEUTICALS L earnings.
TORRENT PHARMACEUTICALS L revenue for the last quarter amounts to 28.89 B INR, despite the estimated figure of 29.66 B INR. In the next quarter, revenue is expected to reach 29.80 B INR.
TORNTPHARM net income for the last quarter is 4.53 B INR, while the quarter before that showed 4.57 B INR of net income which accounts for −0.88% change. Track more TORRENT PHARMACEUTICALS L financial stats to get the full picture.
As of Nov 20, 2024, the company has 18.47 K employees. See our rating of the largest employees — is TORRENT PHARMACEUTICALS L on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TORRENT PHARMACEUTICALS L EBITDA is 35.95 B INR, and current EBITDA margin is 31.39%. See more stats in TORRENT PHARMACEUTICALS L financial statements.
Like other stocks, TORNTPHARM 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 PHARMACEUTICALS L stock right from TradingView charts — choose your broker and connect to your account.
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 PHARMACEUTICALS L technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TORRENT PHARMACEUTICALS L stock shows the buy signal. See more of TORRENT PHARMACEUTICALS L 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.