📌 Torrent Pharma – Trading at ₹3,603: A breakout brewing? Or just warming up? Let's break it down!

🔍 Short‑Term View (Next few weeks) The stock is consolidating near the ₹3,600 mark after a recent rise. Watch for a breakout above ₹3,650–3,700 for potential short-term bullish momentum. A break below ₹3,550–3,500 could signal consolidation or short-term weakness. Support trendline lies in the ₹3,550–3,500 zone; resistance around ₹3,650. 🚨 Q1 & Q4 Highlights (Fundamentals): • Revenue: ₹2,959 Cr (↑ 8% YoY) • Net Profit: ₹498 Cr (↑ 11% YoY) 📉 Technical Snapshot: • Price has reclaimed 200-day EMA • Just broke out above ₹3,600 with strong volumes • RSI near overbought zone → momentum strong • 🧭 Short-term resistance: ₹3,700 | Support: ₹3,480 🧠 Our View: ✅ Short Term – Bullish bias; watch for ₹3,700+ if ₹3,600 sustains ✅ Long Term – Positive outlook with margin strength & inorganic growth kicker via JB Chem deal 📌 Keep on watchlist if you’re eyeing strength in the pharma space