Marksans Pharmaceuticals Can exhibit a further up move or down move depending on further confirming price action at resistance line/ rounding bottom formation. Fundamentally the stock is not in a bad position. If price action breaks out in bullish manner, one can go long for medium to long term
Sun Pharmaceuticals (NSE:SUNPHARMA) Sun Pharma can exhibit a further upward move from here as shown in the chart. 700-730 is an important zone and breaking that will lead it too much higher levels.
The stock is on crucial support may show reversal, wait for any kind of pattern before entering any trade.
PETRONET Weekly - Convincing breakout? Last week was a huge bullish candle. Find levels on chart
Reversal might be confirmed from S/R zone Target 108
by just analysing the structure of market on hourly frame it seems that the downtrend may not resume unless and untill nifty holds 11014 on closing basis ! we can then see further gaps getting filled due to it ! lets just keep a track at levels closely!
1st day of week on Monday 2nd April Nifty 50index managed to open positive and witnessed sustain buying interest throughout the day. It managed to hold and surpass the Hurdle 10158 and headed towards 10220 levels. Bulls recovers with sustaining pulls up to the bears, It managed to hold above previous weeks’ close and formed a Bullish candle on the daily scale. Now...
Amamaraja now has a resistance at 200 EMA. It made a round bottom at Daily Time Frame Will Raja will conquer the resistance?. Once breaks it resistance we can initiate a long. Buy above 812 Target 1 : 821 Target 2 : 847 Target 3 : 904 CBSL (Strict) : 800