Will it be able to break out of the channel or still need more strength
NSE:INDSWFTLAB Ind-Swift Laboratories Ltd. engages in the manufacture, development, and marketing of pharmaceutical ingredients. The firm operates throughout India and Outside India's geographical segments. Its products include API's and impurities. The firm supplies active pharmaceutical ingredients to pharmaceutical companies and also provides research and...
AuroPharm is leading this up move in CNX Pharma. Potential target of 1300+ in 1-3 months.
Nifty Pharma has been consolidating since 9th August 2023 in a complex range-bound correction. It is now reading to head higher in a wave 5 circle. Today's strong move is possibly wave i of 5. Lupin, Aurobindo Pharma, and Glenmark are stronger sub-counters.
Ratio chart is showing positive divergence which means index is likely to strengthen against Nifty50. 11300-11100 is the zone to watch out for bottom or wait for positive divergence on daily CNX Pharma chart. Pharmabees is the instrument which can be used for investment. Disc : It's not an investment advise to buy or sell.
Upside only on crossing 12618 decisively Upside then till 13458 Currently forms TinyIC on Weekly
Upside only on crossing 12618 decisively Upside then till 13458 Currently forms TinyIC on Weekly
Upcoming 11968 / 12193 / 12341 Be aligned, all in steps NIFTYPHARMA
CNXPHARMA -Pharma is in falling channel with and also probably forming a H&S pattern. Invalidation level for the same is marked which is also closed to the channel breakout levels ...
Watchlist #LALPATHLAB (D):-CMP 2484.2 Looks Good for more upsides :) #Disclaimer:-View shared is for educational purposes only.
NSE:SUNPHARMA 7 month Consolidation between 800 - 940 & recently Breakout from Ascending Triangle Price approaching 7 Year Resistance zone of 1070 - 1080. Breakout above the resistance zone will make Sunpharma a Rocket. Short Term Target : 1070 Long Term Target : 1542 - 1831 Upside : 50%-70% SL : 880 Rising in Channel since March 2020 and Taking support from...
NSE:DIVISLAB Breakout with volume from Triangle Pattern Targets : 4140 - 4380 - 4620 Upside : 20% SL : 3475 Time Frame : 3-6 Months RSI Back in Bullish Zone CMP above 20 & 200 Week EMA
NSE:TORNTPHARM All Time High Breakout W Pattern Breakout Price moving up in Rising Channel Targets : 1890 - 2030 - 2250 Upside : 35% SL : 1550 Time Frame : 3-6 Months RSI in Bullish Zone & Weekly EMAs acting as Support
NSE:ZYDUSLIFE Stock is in Higher High Higher Low Formation after major correction, which indicates Positive Trend. CMP above all Weekly EMAs & RSI Rising in Bullish Zone Immediate Resistance Zone @430-435 after which Targets : 460 - 500 - 540 Upside : 35% SL : 395 Time Frame : 3 - 12 Months
NSE:CNXPHARMA Flag Breakout on Monthly Charts Monthly Closing above 50 Month EMA & trading above all long term EMAs RSI in Bullish Zone Next Targets : 14700 - 16500 Upside : 27% SL : 12100 Time Frame : 6 - 12 Months Participate via PHARMABEES, PharmaFund
Very good trend reversal candle on 19th Sep. beautiful daily trend breakout. trend up. any pullback to be bought into. important trend lines marked. Crucial Level marked. Follow for more updates. Like and share the idea with your trading collegues / friends.