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Market_beat3r

Pharma Sector May Take A Breather Here

Short
Nifty Pharma Index (NSE:CNXPHARMA)  
Market_beat3r Updated   
NSE:CNXPHARMA   Nifty Pharma Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
-Breaking down from a rising wedge/channel.
-Rejecting at resistance area.
-Bearish divergence on RSI.
-Bearish divergence on Stochastic.
-Bearish cross on MACD.
-Rejecting the 200 MA on weekly chart.

Not an investment advice. Do your own due diligence.
Trade closed: target reached
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