TORNTPHARM 1 Week Time Frame 📊 Current Price (Approximate): ~₹3,930–₹3,970 on NSE/BSE.
📈 Short-Term (1-Week) Levels to Watch
🔹 Resistance (Upside)
R1: ~₹3,965 – ₹3,995 — near recent pivot resistance.
R2: ~₹3,990 – ₹4,020 — higher resistance zone, close to recent intraday highs.
R3: ~₹4,010 – ₹4,050 — psychological/upper range area and prior 52-week highs.
Note: A clear break and close above ~₹4,020–₹4,050 could shift short-term bias bullish within the week.
🔻 Support (Downside)
S1: ~₹3,910 – ₹3,920 — near pivot/support and recent short-term reaction low.
S2: ~₹3,880 – ₹3,890 — zone near 50-day moving average support.
S3: ~₹3,820 – ₹3,850 — deeper support if momentum weakens.
Weak market conditions or broader index decline could push prices toward the S2–S3 support zone.
🧠 What This Means in Practice
✔️ Above Resistance (~₹3,995–₹4,020) – bullish continuation might unfold within a week if buyers persist.
✔️ Below Support (~₹3,880) – increased risk of short-term pullback toward ~₹3,820.
✔️ RSI/oscillator readings tend to stay neutral–slightly bullish unless a strong trend emerges (indicators vary by platform).
