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Torrent Pharma closed the previous week on a negative note losing 8.76%.
Technically, Torrent Pharma share price will see immediate support at 2,492.60 and immediate resistance would be seen at 2,734.55.
If Torrent Pharma share price closes below immediate support of 2,492.60, then sharp breakdown can be seen. Torrent Pharma share price will see major support at 2,385.30 for the week.
On the positive side, immediate resistance will be seen at 2,734.55. Closing above 2,734.55, Torrent Pharma share price will see a sharp breakout. Major resistance for Torrent Pharma share price will be seen at 2,869.20 for the week.
Trading range for Torrent Pharma share price for this week should be between 2,250.65 on down side and 2,976.50 on up side.
Torrent Pharma Previous Week High: 2761.9
Torrent Pharma Previous Week Low: 2519.95
Torrent Pharma Previous Week Range: 241.95 Points
Torrent Pharma share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 2,976.50 |
| Resistance 2 | 2,869.20 |
| Resistance 1 | 2,734.55 |
| Support 1 | 2,492.60 |
| Support 2 | 2,385.30 |
| Support 3 | 2,250.65 |
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