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CNXPHARMA

CNXPHARMA: Pharma Index Showing Strength #CNXPHARMA The Pharma Index is demonstrating robust strength compared to other indices in recent sessions. Key observations include: Bullish Momentum: The chart reflects strong bullish candles over the past few days, indicating growing buying interest. Trend Confirmation: The index is forming a consistent pattern of Higher Highs (HH) and Higher Lows (HL), a classic sign of an uptrend. EMA Support: All critical Exponential Moving Averages (EMAs) are providing strong support, and the price has been closing above these levels consistently, reinforcing the bullish sentiment. Positive Relative Strength: Relative strength against Nifty has turned positive, highlighting Pharma's outperformance within the broader market. Action Plan Consider exploring Pharma ETFs as an option to capture the sector's upward momentum. Analyze individual pharma stocks within the index for potential breakouts. Look for stocks aligning with this bullish trend for entry opportunities.
NSE:CNXPHARMALong
by Sudhi4488
CNXPHARMA - Trend Reversal📊 Script: CNXPHARMA (NIFTY PHARMA) Key highlights: 💡⚡ 📈 Nifty Pharma is retesting from its support level shown in chart. 📈 Pharma stocks can give good returns. 📈 One can go for Swing Trade into Pharma stocks. 📊 Script: CIPLA ⏱️ C.M.P 📑💰- 1414 🟢 Target 🎯🏆 - 1510 📊 Script: LUPIN ⏱️ C.M.P 📑💰- 1688 ONLY ABOVE 1700 🟢 Target 🎯🏆 - 1828 📊 Script: AUROPHARMA ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 📊 Script: GLAND ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 📊 Script: BIOCON ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:CNXPHARMALong
by radha_23
INDSWFT LAB :- A STRONG BREAKOUT ON THE LINE 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 development services. 📊Technical analysis: 1. IT has formed a strong horizontal resistance at 125 zone from the last 13 years. 2. Now it's consolidating near resistance for a few weeks and may attempt to break that. 3. Volume has been spiking. 4. Trading above all EMA clusters (short, mid and long term EMA) 🟢Entry : Wait for a day candle confirmation to close it above the 125 level then enter the high. 🔴Same with stop-loss levels it will be triggered on weekly candle closing. ⏳Trade Duration: Few months ( positional basis) 🎯Targets are marked on the chart. Finally reached here then like please share with friends. Keep Learning, Happy Trading.
NSE:INDSWFTLABLong
by SANJAYPATIDAR_
SUNPHARMA | Near 7Yr Resistance| Rocket Abv 1080 | 70% UpsideNSE: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 20 & 50 Week EMA RSI is consistently in Bullish Zone
NSE:SUNPHARMALong
by manuvsingh
Long term trendline breakout with high volume candle.Granules India Limited has made longterm line breakout in daily timeframe. Nifty Pharma is also in upward momentum and this will support Granules India in up trend. RSI is also crossing 60 level and bollinger bands are expanding. Bollinger band are standard deviation of average price of stock and expanding Bands show there are chances of big move in stock. On 30-09-2022, there is huge buying on this stock which indicated that big buyer has shown interest. Stock has target which are shown in above charts based upon immediate resistance. Traders are requested to do their own analysis before taking any trade. This Idea is an educative initiative for new comers in markets. Please Like,share and comment for more updates.
NSE:GRANULESLong
by Darshan_Panchal
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