DIvis lab is looking good
REASONS
1. It was facing resistance from a trendline that is in red color and recently it had given a breakout of this trendline.
2. A triangle pattern had started forming on January 18 and recently the pattern had also given a breakout.
3. For the past few days the stock is consolidating in a narrow zone and it may break the zone at...
Cipla, this stock has witnessed long consolidation in wave II and it closed below 50WEMA for a brief while, and also closed below good support level, and then stock has witnessed sharp pullback, fortunately, we can say that it was fake break down.
In terms of wave counts, the stock is in circle wave 3, within that it is further getting subdivided. wave II of 3 is...
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Hello traders, the last trades are performing well Jswsteel made a high of 692 after the breakout but the targets are bigger and we are waiting for naukri to confirm support from trendline.
Now Cipla is following its channel type...
#Watchlist
#AUROPHARMA (CMP 701.95) :-best support at 600/580 if its break with volume.
Pharma looking hot :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
#Stocktowatch
Sun pharma has given breakout with good intensity of volume, and recently pulled back in wave 2, now wave 3 circle is going on and within that, wave I and II are completed recently and wave III has started, all the key levels are mentioned on chart, one can go long at current levels or in dips ( if any ) with stoploss of 750 for targets of 900 - 925 levels....
LINDE INDIA 1HR is a trending stock now days. Recently breakout happened and retesting it also it is showing a inverted head and shoulders pattern. Red line is the resistance. Can buy now.
#Watchlist
#Sunpharma:- Give a breakout at 785, Looks good for more upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
CNX pharma took support with a huge engulfing candle and now approaching the upper level of exploding triangle pattern so it is exciting to see how it reacts to these levels.
