Contra call on Pharma
Distribution in clearly visible on chart. Bearish engulfing, long wicks near 1500-1600 zone is telling that supply is clearly there in counter.
Sell IPCA Lab with stop loss of 1400 on daily closing basis for Target 1150-1050-850
Sell IPCA Lab with stop loss of 1400 on daily closing basis for Target 1150-1050-850
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.