Torrent Pharmaceuticals technical analysis

According to the latest Pivot data, Torrent Pharmaceuticals’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹3186.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹3222.66, ₹3281.33, and ₹3317.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹3127.66, ₹3091.33, and ₹3032.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Torrent Pharmaceuticals’s price movement.