IPCALAB- Pullback TradeIPCALAB
Buy-Above 2150
Sl-2000
T-2300 2400+
This is pullback trade. Always trail sl.
Niftypharma
NIFTY PHARMAi was hoping this to fall 1000 to 1500 point more but there is a possibility of reversal from here one can start SIP in pharma sector
buy the dip ... :)
CIPLA can give big breakout Watchout for Cipla , price is range bound currently in weekly chart. For Intraday it can move above 976.5 Level
Big breakout above 1005 Level.
GRANULES INDIA Daily Chart Analysis 25.11.2021Granules India as per daily chart analysis anticipating the stock move in the uptrend channel for its target 335 level. Happy Trading to all.
Nifty Pharma... Nifty pharma as explained in previous study (attached below - exactly panned out as marked..
Crucial level for the month of Nov Marked..
Strat : sell on rise near appropriate Levels.
LIke... Share,,, Follow (don't miss future updates.)
Biocon For Long ?1.Falling Wedge forming in weekly chart
2.Nifty Pharma Index is also bounce from support area
3.Stock is also bounce from demand area
4.RSI Divergence In Daily Chart
5.Stock is near 0.618
THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE
-THANK YOU FOR YOUR TIME
ALWAYS PUT YOUR STOPLOSS 1ST
Rising wedge formation in NIFTYPHARMANIFTYPHARMA index is forming the rising wedge formation on the daily chart. Rising wedge is a reversal pattern and is usually followed by a bearish price movement in the short term. This, along with the fact that a lot of pharma stocks are exhibiting similar bullish reversal patterns is a warning sign for pharma bulls. Best to refrain from entering fresh long positions in pharma stocks for a while.
NIfty Pharma on Bigger TimeframeNifty Pharma index started it's rally after the 2008 crash and top out in 2015.
Then it went for a long consolidation till 2020.
After analyzing retracement with fibonacci levels I saw that it had took support on 0.618 level and again showed a bullish up move.
It crossed it's all time high recently in 2021.
Before crossing, sellers tried to change trend but failed and buyers took control lead to forming a bullish hammer and engulfing candle which confirmed a strong rejection.
After breakout, for last few months it is in consolidation.
These candles in consolidation had formed long lower wicks showing the strong rejections.
It's important to see how this month's candle gives closing.
In this month one attempt have been failed as wee can see a wick above consolidation zone.
And it will confirm the bullish trend.
This post is for information purpose only.
This is my own analysis should not be consider as calls.
Doing analysis in simplistic manner without indicators. Keeping it less complicated.
Hope you all like it.
Thank You
LUPINCMP: 946
The stock has given double bottom and box breakout.
It can touch 975 in coming days with support around 940.
drreaddy on buy sideHello guys i had find this trade in 15m timeframe which is on good trendline support and also broken the pennant pattern we have a good buying opportunity with very small sl and big tg and good RR ratio also plzz do your own analysis before taking any trading decision. if you like my analysis plzz like share and follow thank you god bless you all
💉💊 #Cipla 🎯NSE:CIPLA
Cipla share on support. One can trade for swing as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
CADILAHCCMP: 556
The stock is in consolidation.
It is regaining some strength.
Waiting for the box breakout.
Expectation: 604, 650
SL can be kept below the box.
Nifty PharmaNifty Pharma Bouncing from SEP Bullish Levels...
Below Bullish Level
Seems will pull back to 14163 / 14108 (good place to enter...)
Please avoid any long positions if breaks 14100 and closes below it...
Related idea attached below
Nifty PharmaThree inside up candle pattern in Nifty Pharma on weekly timeframe. It is highly bullish pattern .
DRREDDY, Medium risky "Trading setup"....By The_RedTickerMakes sense to me...been falling a lot, slowing losing strength.
As such, not a bad stock, makes it worthy of being bought after such a dip.
Its also at an investment level, but I am unable to generate longer duration view so will aim to trade just the chart for now and rethink if it gets into significant profits.
*NOT AN IMMEDIATE BUY, entry level is mentioned on chart. Also, it should be a closing level entry and a closing basis SL.
TF for this setup is DAILY.
#The_RedTicker....
Pfizer good long candidateBullish wolf wave and price action formation in this counter
look good to go long at current levels,,
expecting good upmove in this counter
good long candidate
Nifty Pharma....what's this week...Strategy : Sell on rise...
Levels marked...
related idea : refer below for trading lvls for whole of aug
Nifty Pharma .... bounce ??Nifty pharma at trend line support on 4H setup....
Trading channels marked....
Happy Trading...
Like.... Share.... Follow...
Related study ...below ...
Sun Pharmaceuticals Trendline broken with decent volumes, initiate long
RSI trendline also broken
RSI at levels of 60
Hold for targets of 711, 737
Good support at levels of 660
