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Omicron

Torrent Pharma bullish above 3250Hello traders, in this week what I can see is that the pharma sector is looking quiet bullish to me and I expect it to give good good results, this might also be a push from the omicron news. torntpharm has broken it's all time high and has given a strong closing above it and still shows signs of bullishness, it means the entry can be taken at current levels or one can also wait for a pullback near 3250 levels. Buy above - 3250 Targets mentioned in the chart above Note:- As the stock is trading at all time high, this is an uncharted area so the targets have been taken according to some technical tools like fib & pivot points. I will also upload other pharma stocks in the coming week.
NSE:TORNTPHARMLong
by this_is_shoaib
MARKSANS PHARMA Long MARKSANS PHARMA great stock to buy now at discounted price FUNDAMENTAL 2x of book value👍 dividend yield half percent👍 look at ROCE almost 40% and ROE 32% fantastic for a company 💪💪💪 recently the company has reduced its debt its has only little debt 💪💪 important factor to watch out is the pe ration which is very less in indutry average almost all the companies have more PE 🔥🔥🔥🔥💪💪💪 companys sales volume is constantly rising👍👍👍 everything excellent🚀🔥 only thing is FIIi reduced thier stake in recent quarter i dont know why they may buy again possible ⚠️ 😂
NSE:MARKSANSLong
by arunachalamsv408
Indices spike - was this a reversal or new shorts created?,NIFTY 50 EOD ANALYSIS 07-12-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17044.10 H 17251.65 L 16987.75 C 17176.70 EOD +264.45 points / -1.58% India VIX 18.46/-8.05% SGX Nifty 07-12-21 @ 1900h = +30 points FII DII = +21 Crores CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened with a significant gap-up and then expectedly sold off but quickly recovered and then started climbing up. It then continued to clear resistances with relative ease except that in the last hour it could clear the 17250-60 line and fell from there. Nifty as well as Bank Nifty have made higher highs and higher lows. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 101 Top 5 Draggers contributed = 5 Net = +96 BANK NIFTY WEIGHT LIFTERS & DRAGGERS Top 3 Lifters contributed = 572 Top 3 Draggers contributed = 0 Net = 572 POSITIVES Nifty closed above 17150. Bank Nifty OHLC above 36000. India Vix down by 5%. HDFC twins, ICICI Bank, Reliance and Kotak Bank lifted themselves to pull up Nifty. The Advance Decline ratio was also quite positive. NEGATIVES Even today, the FIIs have sold more than 2,000 Crores and DIIs have just managed to buy identical amounts. So the weakness is still around. More about it in the Insights section. TRADING RANGE FOR 08 Dec 21 The way the indices have behaved today, I feel it is best not to make a false attempt to draw the lines. I would wait for a couple of days - post RBI policy to start finding the supports and resistances. Every small rise is sold into - this indicates a bearish market. Above was my comment for today and in view of the RBI policy announcement, I prefer to retain the same. INSIGHTS / OBSERVATIONS The day’s movements reminded me of the mock trading days that brokers carry out on some of the weekends. The numbers were all sort of unreal as till yesterday, it appeared that it was all hell broken over the markets. And overnight, nothing has dramatically changed except the discussions that the FIIs may have had with their overseas counterparts to which we have no means of knowing. I am not sure who would have created and ended yesterday with a long position specifically for exiting today. I will have to dig social media deeper to check as I could not see any such messages proclaiming - I already knew about it. The rally may have been more on account of short covering that may have been fueled by the indices breaching key resistance levels. On Nifty, after the resistance around 17100-120, the next resistance was around 17250-260 and the latter proved to be too hard to clear as the last hour of trading kicked in. This tweet sums up the story behind index movements well - Was this unexpected spike managed to create yet another free fall with today's highs as the shorting point? What do you feel about this? Here is the video link -- Thank you, and Happy Money Making! Umesh 6-12-21 NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
Cadila 810 ? PossibleSo, we all heard that they will be giving a major portion of children vaccine. I said let’s see the charts. Hmm... one hour there is a very good bullish positive divergence. But then how much movement we should expect. So, the blue line gives cup and handle target, and the two white lines are Fibonacci retracement on weekly gives the two white line targets. In all cases, 800 is coming. Best traded in Cash. F&O I wouldn’t be so sure. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
CLong
by DoublebassmaniawithPranav
7