tradewithamey_

This defensive sector is looking bullish

Long
tradewithamey_ Updated   
NSE:CNXPHARMA   Nifty Pharma Index
Pharma sector stocks have given a good bullish momentum in the past few months.
If we analyze the pharma sector, we can see a bounce from strong trendline with higher high, higher low formation.
Keep pharma stocks like Dr. Reddy, Sun pharma, etc. in your watchlist as we might see ATH levels in this stocks soon!
Comment:
12818 to 13347.
Breakout of trendline is done.
Comment:
Just look at the upmove.
We are in bull run of pharma stocks.
Keep Solara, Gland pharma, Granules in watchlist as they have underperformed!
Comment:
Additionally, Sunpharma has given ATH breakout today.
Comment:
Sector to watchout for in next decade

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