TORNTPOWER - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.1

Torrent Power (TORNTPOWER) presents a mildly bearish-to-neutral setup for intraday trading today. While volume is elevated and fundamentals are solid, technical indicators suggest caution.

📊 Intraday Trade Analysis

✅ Supportive Factors

Volume Surge: Current volume (8.62 lakh) is ~60% higher than 1-week average, indicating active participation.

Price Near Support Zone: Trading at ₹1,284, close to recent low of ₹1,207 — potential bounce zone.

Strong ROE (19.3%) & ROCE (17.4%): Operational efficiency remains healthy.

PEG Ratio (0.45): Indicates reasonable valuation relative to growth.

FII Holding Increased: Slight uptick in foreign institutional sentiment.

⚠️ Bearish Signals

MACD Deep Negative (-14.1): Suggests strong bearish momentum.

RSI at 49.3: Neutral, but lacks strength for a breakout.

Price Below DMA50 & DMA200: ₹1,284 < ₹1,315 (50-DMA) and ₹1,403 (200-DMA) — short- and long-term trends are weak.

Quarterly PAT Decline: From ₹1,090 Cr to ₹685 Cr — a 26% drop.

DII Holding Decline: Domestic institutions have trimmed exposure.

🎯 Intraday Strategy

📌 Optimal Buy Price

Entry Zone: ₹1,275–₹1,285 (only if volume sustains above 9 lakh and RSI crosses 51)

💰 Profit-Taking Levels

Target 1: ₹1,300 (minor resistance)

Target 2: ₹1,315 (near 50-DMA)

🛡️ Stop-Loss

Exit Below: ₹1,270 (break below recent support zone)

🕒 If Already Holding Today

📌 Exit Triggers

MACD Histogram Expands Negatively: Indicates momentum worsening.

Volume Drops Below 7 lakh: Signals fading interest.

Price Rejection at ₹1,300–₹1,305: If price fails to break this zone, consider exiting.

RSI Falls Below 47: Confirms bearish pressure.

TORNTPOWER is best approached with caution today — suitable for tight-range scalping if momentum improves. Want help tracking live price action or comparing with other power sector stocks like NTPC or Adani Energy?

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