TORNTPHARM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.5

Torrent Pharmaceuticals (TORNTPHARM) presents a cautiously bullish setup for intraday trading today, with strong fundamentals and improving volume, but technical momentum remains subdued.

📊 Intraday Trade Analysis

✅ Supportive Indicators

Volume Expansion: Current volume (2.07 lakh) is ~25% higher than 1-week average, indicating rising interest.

Price Above DMA50 & DMA200: Trading at ₹3,567, above both 50-DMA (₹3,543) and 200-DMA (₹3,334), suggesting short-term strength.

Strong ROE (26.2%) & ROCE (27.8%): Reflects solid operational efficiency.

Quarterly PAT Growth: From ₹492 Cr to ₹551 Cr — consistent earnings momentum.

⚠️ Cautionary Signals

MACD Negative (-6.98): Indicates weak momentum and potential for sideways movement.

RSI at 48.0: Below neutral zone, showing lack of strong buying pressure.

High P/E (60.8) vs Industry PE (33.4): Valuation is stretched.

PEG Ratio (2.50): Suggests expensive growth.

FII Holding Decline: Slight negative sentiment from foreign institutions.

🎯 Intraday Strategy

📌 Optimal Buy Price

Entry Zone: ₹3,555–₹3,565 (on dips near 50-DMA with volume >2.5 lakh and RSI >50)

💰 Profit-Taking Levels

Target 1: ₹3,585 (minor resistance)

Target 2: ₹3,600–₹3,610 (if momentum improves intraday)

🛡️ Stop-Loss

Exit Below: ₹3,540 (break below 50-DMA and recent support)

🕒 If Already Holding Today

📌 Exit Triggers

MACD Histogram Shrinks Further: Indicates fading momentum.

Volume Drops Below 1.8 lakh: Signals weakening interest.

Price Rejection at ₹3,585–₹3,600: If price fails to break this zone, consider exiting.

RSI Falls Below 45: Confirms bearish momentum.

TORNTPHARM is a stable candidate for intraday scalping with tight risk controls. If you'd like to compare it with peers like Sun Pharma or Cipla for sector rotation, I can help with that too.

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