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Nifty Pharma Index: Head and Shoulder formation

Short
Nifty Pharma Index (NSE:CNXPHARMA)  
pradipandsuvra  
NSE:CNXPHARMA   Nifty Pharma Index
Double Top or Bottom Head and Shoulders indianstockmarketanalysis niftypharmaprediction
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doubletoporbottom headandshoulders indianstockmarketanalysis niftypharmaprediction
In CNXPHARMA an Head and Shoulder pattern is seen.
The current price of 12775 is the neckline.

Trade:
You can not trade in Nifty Pharma. But you can in PHARMABEES ETF.

Buy (Pharma Index): Above 12835, SL: 12800, T: 12885/12940
Sell (Pharma Index): Below 12800, SL: 12835, T: 12765/12750



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