Torrent Pharma has given the broken the previous high and looking good to test upper marked levels on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NSE:TORNTPHARM
Observations:
1) On 1day time frame, it is trading between 200DMA and 400DMA.
200DMA will be immediate resistance and 400DMA will be major support.
Please refer below chart : 1 day Time Frame.
2) On 1 day time frame we can see level 2800 is immediate resistance and 2700 level is major support.
Breakout of 2800 will give a good up move....
![TORNTPHARM: Simple Trade Setup | TORRENT PHARMA | 23-11-2021 [ INTRADAY]](https://s3.tradingview.com/3/39bv94hv_mid.png "Simple Trade Setup | TORRENT PHARMA | 23-11-2021 [ INTRADAY]")
