PANACEA Biotech is running a horse after CUP & Handle breakout
Panacea Biotech has given CUP & Handle breakout in weekly time frame.
Handle breakout with High Volume , RSI above 60 should definitely rising high.
T1-350
T2-435
Fundamental: Although pharma is in loss for couple of qtr but Russian Direct Investment Fund (RDIF) to have contract for the manufacturing of Sputnik V vaccine,expected production in next 1~2 months.
Disclaimer: Already taken position in 217 level, hence if any wants to fresh position keep SL-236
Handle breakout with High Volume , RSI above 60 should definitely rising high.
T1-350
T2-435
Fundamental: Although pharma is in loss for couple of qtr but Russian Direct Investment Fund (RDIF) to have contract for the manufacturing of Sputnik V vaccine,expected production in next 1~2 months.
Disclaimer: Already taken position in 217 level, hence if any wants to fresh position keep SL-236
Trade active:
again 10% circuit today CMP 323