𝘏𝘦𝘢𝘥 𝘢𝘯𝘥 𝘴𝘩𝘰𝘶𝘭𝘥𝘦𝘳 𝘣𝘳𝘦𝘢𝘬𝘥𝘰𝘸𝘯 on 18 Jan took the index from 13000 to 12000.
But did not breach swing low i.e. 12000.
Now, it is set to give 𝘪𝘯𝘷𝘦𝘳𝘴𝘦 𝘩𝘦𝘢𝘥 𝘢𝘯𝘥 𝘴𝘩𝘰𝘶𝘭𝘥𝘦𝘳 𝘣𝘳𝘦𝘢𝘬𝘰𝘶𝘵.
RSI is looking 𝘣𝘶𝘭𝘭𝘪𝘴𝘩 too.
𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻: ATH, 13900
𝗦𝘂𝗽𝗽𝗼𝗿𝘁: 12650, 12000
LUPIN gave resistance zone breakout and re-tested it.
Consolidation between 1000-1010 level can initiate a Good upside movement
Good above 1010 Levels on the basis of candle close.
View negates below 988 levels
CNXPHARMA/NIFTY is breaking out from downward trendline. Its bear market or correction play in general. We may see some correction time wise and price wise in general market while defensive play like pharma and FMCG may run up
#NiftyPharma has a strong resistance from 11960-12000 levels any breakout above 12000 then 12300 / 12500 possible in short term....
downside capped @ 11500 in the short term
NIFTY PHARMA:- BUY on dip 11200/11500₹ & taking support EMA..
13000₹ (FOR LONG) TARGET
with sl (10800)
#Disclaimer:-I just shared view for only educational purpose.
#METROPOLIS #HEALTHCARE
Metropolis Healthcare Ltd.
CMP: 1789.55
Target: 2000
SL: 1630
If you like my work, kindly hit like and follow latest stock recommendations. :)
Jyothy Labs is in a strong uptrend and is continuing its move. Recently it has tested its previous resistance which is now working as a support and now given the breakout of a down trendline so we can ride this trend with strick stoploss.
There's no worse feeling than having the market go up and Still see your portfolio in negative and wondering why my stocks are not recovering ?
Its because FII's, smart investors, LIC and bigger investment groups have churned sectors, rotated money into new sectors. Corona virus brought new opportunities and shut door on some business(which were stars earlier)...
#SunPharma @ 477 || 29-May-2020 | hourly
- A new trend and a fresh view with a breakout of the pattern
- BUY within the GREEN Zone
- Stoploss @ 460
#NSE #BSE #Sensex #Pharmasector #Nifty #nifty50 #banknifty #NIFTYFUTURE #CNXPharma
![NIFTY: Science Backed by Data[All Series]: What recovered ?](https://s3.tradingview.com/a/atQCFFxa_mid.png "Science Backed by Data[All Series]: What recovered ?")
