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DayTradersIndia
Jul 1, 2021 3:15 PM

SMS Pharma Ascending channel pattern 

SMS PHARMACEUTICALNSE

Description

NSE:SMSPHARMA
- Two ascending channel patterns (one long period & one short period).
- Breached long period channel and retested the top channel.
- Still traveling inside short period channel.
- SMS pharma is a good bet but wait for the good entry.

Note: Personally waiting for some dip. It never had a major fall after the recovery from April 2020.
Comments
N50-ANALYST
apply 20and 50 ema then you'll see the stock is continuously taking support of the 20 ema will 50 ema is working as a stoploss for the scrip in case short to long term investors
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