NIFTY PHARMA SECTOR IS consolidating in range in the upper price level. the index is also trading above all important moving average. index is awaiting big breakout. it spent lots of time in this range, so we can see long bullish momentum after the breakout. TORRENT PHARMA is forming Darvas box above 20/50/100 EMA. Wait for closing above 1460, It may move...
Metropolis is technically given breakout of Trendline and downstairs channel lines. Now looking good for swing trade. RSI showing strength. Buy with Stoploss of 1500. Target 1900. Timeframe 3months. Disclaimer - only for educational purposes, not a buying/selling recommendations
Hindalco is technically verge of breakout. Keep eye on it.metal index is lso following And supporting this. Buying between 415-418. Target 445+ Sl-395. Only for swing. Note- this is only for educational purposes. It is not a buying recommendation. Trading in securities is a Risky, do your own analysis. This channel is not responsible for your profit/loss.
In weekly chart, Trident is showing weakness and forming bearish flag pattern. Now consolidating since 3 months, if break down of its flag then new support at 23-27 as mentioned in chart itself. Keep eye on it. Quarterly results is also squeezing.