The Spanish attacker believes the Old Lady still have every chance of making it to the round of 16 following Tuesday's results
The Serie A champions currently sit fourth in Group B with just three points from four games, but Llorente - who scored the equaliser after Cristiano Ronaldo and Gareth Bale had cancelled out Arturo Vidal's opener for the Bianconeri - thinks they can still progress if they win their remaining two matches.
"The group is still very open and if we win the next two games, I think we will qualify," the 28-year-old told the official Uefa website.
"We managed to earn a very important point especially considering that Galatasaray lost in Copenhagen.
"I think we have played a very good game against Madrid. We saw a strong Juve, a Juve side fully aware of what was at stake.
"It wasn't easy but the team worked hard and did well."
Juventus resume domestic action on Sunday when they host Napoli.