Nifty pharma started giving positive signals on two three factors seems it can retrace good from here it gives a breakout on falling trendline resistance and closed above, gives breakout on upper Bollinger band and closed above relative strength indicator resistance just starting phase to indicate coming good moves. after all these considerable points we should...
Nifty pharma index formed reverse head and shoulder pattern and gave breakout today.
Better to pick pharma stocks for swing trade
Already in our radar Lupin rocking today..
Do Follow for more ideas!!!!!
Nifty pharma showing some good initiations on weekly charts hope it will turn into a breakout it closed after so long above 100 ema on weekly chart and somehow manage to close partially above falling trendline resistance and also the relative strength index below on charts trending upwards so as of now this is a neutral on view adding in watchlist for adding...
Nifty Pharma (Weekly):
1. Nifty Pharma has given Chanel Breakout
2. Positive crossover of 5, 13 days Exponential Moving AVerage
3. Bounced back from 50 DEMA
Major Constituents of Nifty Pharma are:
1. Sun Pharma 22%
2. Divis Labs 12%
3. Cipla 11%
4. Dr Reddy 11%
CMP: 1044
- Appeared in my screener yesterday
- Ignored rising volumes too
- Good breakout after 1 year of box consolidation near All Time High
- Not going to chase this one
- I will wait for 960-970 to enter
NSE:BIOCON
As we can see Biocon stock has made spinning top kind of candle on support of recent swing.
one can buy above current candle high in that case stop loss can be same candle low on closing basis.
if break low of same candle then it might fall till below mentioned support level.
in both case traders also can plan their trade on according direction as per...
NSE:LAURUSLABS
Everything mentioned on chart if still have any doubt ask in comment.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:CIPLA
Great breakout
target open
Stop Loss Recent swing low on daily time frame on closing basis.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
PFIZER
elliot wave study suggest fall is done
soon counter might see some buying support and trend reversal can be seen
look for investment opportunity going forward
good long candidate
NSE:PEL
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ,...
NSE:PFIZER
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ,...
NSE:METROPOLIS
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
SUN PHARMA ADVANCED RESEARCH COMPANY as per daily chart analysis stock once resistance 295 broken then above 296 for a target 304. Tomorrow there will be a gap down or initial bearish candles in the early sessions. Watch out and trade profitably.
GUFIC BIOSCIENCES posted 26.12.2021 stock above 224 for a target 230 level and today the stock made a high of 248 and closed at 243 level. Happy Trading to all.
