Torrent Power - Buy above 1523Torrent Power NSE:TORNTPOWER is driving towards Wave 5 and you can buy above 1523 and target would be 1780
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38.15INR
18.33 BINR
271.04 BINR
161.54 M
About TORRENT POWER
Sector
Industry
Headquarters
Ahmedabad
Employees (FY)
21.8 K
Founded
2004
ISIN
INE813H01021
FIGI
BBG000GM34G4
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
Torrent Power may soon experience a breakout as it is currently holding near resistance 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 t
#TORNTPOWER #ATHSTOCKTrading at ATH. New highs very much possible
Buy is suggested to me if new high is made
A+ SETUP WITH 10% UPSIDE POTENTIALBreakout of H&S pattern has been done on TORRENT POWER.
wait for retest at the marked zone to take it to the upside.
TP1 - 750
TP2 - 800
TORRENT POWERTorrent Power (1D)
CMP 671.80
Taken support and bouncing from support Zone
One can consider for short term Swing Trade
TORNTPOWERNSE:TORNTPOWER
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
There can be a pause or reversal, at all time high.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R rat
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
Torrent PowerLooks good above 680 but a light position can be taken now based on the technical indicators.
See all ideas
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Frequently Asked Questions
The current price of TORNTPOWER is 1,556.85 INR — it has increased by 1.43% in the past 24 hours. Watch TORRENT POWER stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange TORRENT POWER stocks are traded under the ticker TORNTPOWER.
TORNTPOWER stock has risen by 0.92% compared to the previous week, the month change is a 2.91% rise, over the last year TORRENT POWER has showed a 141.75% increase.
We've gathered analysts' opinions on TORRENT POWER future price: according to them, TORNTPOWER price has a max estimate of 1,650.00 INR and a min estimate of 750.00 INR. Watch TORNTPOWER chart and read a more detailed TORRENT POWER stock forecast: see what analysts think of TORRENT POWER and suggest that you do with its stocks.
TORNTPOWER reached its all-time high on Jul 18, 2024 with the price of 1,687.00 INR, and its all-time low was 45.00 INR and was reached on Nov 28, 2006. View more price dynamics on TORNTPOWER chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TORNTPOWER stock is 2.54% volatile and has beta coefficient of 0.53. Track TORRENT POWER stock price on the chart and check out the list of the most volatile stocks — is TORRENT POWER there?
Today TORRENT POWER has the market capitalization of 737.84 B, it has decreased by 3.44% over the last week.
Yes, you can track TORRENT POWER financials in yearly and quarterly reports right on TradingView.
TORRENT POWER is going to release the next earnings report on Jul 30, 2024. Keep track of upcoming events with our Earnings Calendar.
TORNTPOWER earnings for the last quarter are 9.30 INR per share, whereas the estimation was 11.00 INR resulting in a −15.45% surprise. The estimated earnings for the next quarter are 13.10 INR per share. See more details about TORRENT POWER earnings.
TORRENT POWER revenue for the last quarter amounts to 65.29 B INR, despite the estimated figure of 69.96 B INR. In the next quarter, revenue is expected to reach 77.70 B INR.
TORNTPOWER net income for the last quarter is 4.30 B INR, while the quarter before that showed 3.60 B INR of net income which accounts for 19.57% change. Track more TORRENT POWER financial stats to get the full picture.
TORRENT POWER dividend yield was 1.18% in 2023, and payout ratio reached 41.95%. The year before the numbers were 2.55% and 29.51% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jul 27, 2024, the company has 21.80 K employees. See our rating of the largest employees — is TORRENT POWER on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TORRENT POWER EBITDA is 45.59 B INR, and current EBITDA margin is 17.08%. See more stats in TORRENT POWER financial statements.
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 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 POWER technincal analysis shows the strong 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 stock shows the buy signal. See more of TORRENT POWER 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.