yndesai

Pharma breakout of consolidation

Long
NSE:CNXPHARMA   Nifty Pharma Index
As can be seen CNXPharma has given breakout of consolidation after 4+ months. Probability of success increases if we find there is sectoral trend from index.

This will give good opportunities in pharma stocks.

Following are pharma stocks which have taken support on the weekly super-trend. These will give up swing in next quarter. List is alphabetical. . .
Abbot

Alkem

Caplin

Drreddy

Gland

Linclon


Marksans

Sunpharma



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