Disclaimer :- This is not any buy or sell recommendation. This is my view on this counter. Kindly consult with your financial or investment advisor before investing. Cadila has successfully breaked their channel pattern and breaked their resistance also which is around 450. So, Cadilla is looking good above 450. Support level is 440.00. Next Resistance Levels...
It time to be defensive for sure. Pharma is again starting its rally.
#VIVIMEDLAB CMP 17.70 Target: 24 // 40 // 70 ++ If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free. NSE: VIVIMEDLAB Super Bullish on this stock. From Rachit Sethia with 💚
Please find analysis mentioned on chart
NIFTY PAHRMA:- BREAKDOWN BEARISH FLAG FOR TARGET 11800/11750 & VIEW invalid above 12100
It seem after huge run up and then double top. Now it seems price wise correction is done and time wise correction may happen or it may bounce back from the support level. 0.80 should be held for further upside in pharma stocks
BIOCON gave support BD and closing below it. Weak below 395 Level View Negates above 407
CNXPharma head and shoulder below 12095 but it's oversold wait for follow through
AUROPHARMA making HH and HL Looking good above 955 Levels and Weakness below 931 Level
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 (D):- 1122.3(pob),you can accumulated till1060/1050 for target 1380 with sl 980
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
It was compressed from a week, can blast above 910. If it closes above 910 only.
#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
CNXPHARMA getting ready for breakout.
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.