SUN PHARMA MAKING CUP & HANDLE PATTERN IN DAILY
India doing well comparetively good, than global markets.
SUNPHARMA IS NEARLY 23% Weightage in NIFTY PHARMA.
SUN PHARMA breaks head & sholders & Cup & handle pattern, we can expect bullS will move the stock upside.
& closed BULLISH CANDLE yesterday. CMP 948
Positives for Pharma industry
Globally, Indian pharma companies having nearly above 40% share,
Rupee value depr is good for pharma & IT companies,
In Recent FII data shows morethan 8000 cr invested in healthcare industry,
nearly 90% of analyst given buy recomendation,
nifty pharma last 6 months -4.5 % drop vs nifty 50 -3%
THIS Is Information purpose only.
SUNPHARMA IS NEARLY 23% Weightage in NIFTY PHARMA.
SUN PHARMA breaks head & sholders & Cup & handle pattern, we can expect bullS will move the stock upside.
& closed BULLISH CANDLE yesterday. CMP 948
Positives for Pharma industry
Globally, Indian pharma companies having nearly above 40% share,
Rupee value depr is good for pharma & IT companies,
In Recent FII data shows morethan 8000 cr invested in healthcare industry,
nearly 90% of analyst given buy recomendation,
nifty pharma last 6 months -4.5 % drop vs nifty 50 -3%
THIS Is Information purpose only.
Trade closed: target reached:
ANALYSIS WENT WELL, SHOOT UP TILL CMP 1070