IN MONTHLY TIME FRAME IT IS EXHIBITING DESCENDING BROADENING WEDGE STRUCTURE, IT SEEMS AT LEAST IT IS GOING TO TOUCH THE UPPER LINE IN COMING DAYS. ONE CONCERNING FACTOR VOLUME WAS LAST MONTH WAS HIGHER THAN THIS MONTH. PHARMA SECTOR BEING MOST FAVORED SECTOR IT IS LIKELY TO TOUCH THE TARGET IF AN INCREASE IN VOLUME TAKES PLACE IT IS LIKELY TO TOUCH 800 MINIMUM.
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IN DAILY TIME FRAME IT SEEMS IT HAS BROKEN OUT OF ASCENDING TRIANGLE.
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IN CASE OF POSITIVE QUARTERLY RESULT IT WILL SIMPLY BREAK OUT THIS RANGE TO MUCH HIGHER LEVELS