TradingView
RupakDe
Sep 29, 2023 5:58 AM

Pharma space back in the action 

Nifty Pharma IndexNSE

Description

The pharmaceutical sector is once again showing signs of activity, thanks to a consolidation breakout in the Nifty Pharma Index. The index found support around the 14,500 mark, where multiple previous lows are clearly evident. Furthermore, RSI is poised for a potential breakout from a descending channel. This situation appears promising for a potential continuation of the upward trend in the pharmaceutical sector.
More