Description
⋅ MOST OF THE PHARMA COMPANIES ARE SIGNALLING BUY AND THE RESULTS ARE ALSO SEEMS TO BE GOOD.
THE PHARMA NIFTY HAS H&S FORMATION WITH NECK LINE AT 7777.
AND, THERE IS A CUP & HANDLE FORMATION WITH NECK LINE AT 8352.
FOR INDEX TO MOVE UP, THE RESISTANCE AT 8062 HAS TO BE CROSSED.
FROM THE CHARTS 8160 SEEMS TO BE THE NEXT TARGET.