ZIMLAB is taking a reversal and today it touched 108 from 103 . Any movement above 110 can zoom for 125-130 range. Targets are marked on the trendlines. Follow as per your apatite. NOTE : I'm not a SEBI REG. Study charts before investing.
Granules in perfect Cup and Handle Pattern Volume low in cup formation and spiked on right side of the pattern. Breakout of parallel channel is right time to enter No buy/sell recommendation.
This will remain as one of my most favourite idea if breakout goes successful. Trade logic: An inverted head and shoulder breakout is on the cards. The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed. However, the stock again has created an inverted head and shoulder pattern with the...
A strong flag breakout above 2860. Flag Height : 1100 points Support / Stop Loss : 2575 Target : 3300-3700 Medium Term View. (6-18 month time frame)
Cipla has created inverted. Breakout zone above : 1515 support zone is at 1420 levels Pattern break out target is 1700. its a short term trade.
One Simple Horizontal Line Setup -Posted great growth results, everything is improving. -Pharma sector seems strong as it is also near breakout zone. -That red wick on election results day seems so good, fell with market but cop up fast and took support at 200 ema n come back in good zone again and, Good shakeout of 100 ema too. -Yesterday gave squat too (went...
CNX Pharma about to break long Parallel Channel, when it break pharma stocks will move immensely.
Lupin has pierced the resistance line yesterday, and there is a clear breakout. One should initiate a long position when price is above the previous high, if closing above previous high with bullish candle gives us price confirmation also. Pattern will fail if close below the resistance line.
Lupin has given good flag breakout today. A weekly closing above 1700 will confirm the same. ATH should be minimum target once breakout is confirmed. Stock has been in a big bull run since 2023 and looks ready for newer ATH. Pharma stocks have risk of negative US FDA observations impacting the stock prices.
1. Abbott India has posted strong Q4 numbers signalling a good quarter for Pharma sector overall 2. The Nifty Pharma Index has shown a bounce back from 18400 levels today with potential to rally to 19200 or beyond to 20000 if other companies post strong results too in the coming days 3. Nifty 50 bounced back from 22000 levels too today 4. If both Nifty and Pharma...
Biocon is among few stocks which did not participate in Pharma bull run. However stock has recently given a big volume bounce from its demand zone. 295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA. 1st breakouts are normally traps so use pyramiding to save your capital. If stock posts good...
Wockhardt is an age old Indian pharma company which has been in loss since few years. Stock has bounced from strong support and also gave inverted head & shoulders breakout. Stock is consolidating post breakout.Not my usual technofunda pick but a very attractive technical breakout. Please know that risk is more with such ideas.
It Will Be 20 Year Channel Breakout If Cipla Closes Abvoe 865 On 31st Jan 2021 Watch It Closely..
This amazing Pharma Stock has the potential of touch 150 very soon. Yes, you read that right. This stock with improving fundamental can reach the target of 155 from CMP of 135.95 in a matter of a few weeks. Here are the details- CMP- 135.95 Target- 149, 155 Stoploss- 122.70 Duration- 3-4 Weeks. From the past couple of days Pharma Sector along with Cement and...
Pharma stocks have shown great bull run in past 6 months. I had shared idea of APL around 550 levels. Currently, stock is looking strong for continuation of rally post breakout. Happy trading. Please follow me if you like my analysis!
The stock is trading in a strong uptrend Today it witnessed a long awaited breakout from consolidation of almost 40-42 trading sessions the breakout took place along with helthy volumes as can be seen marked by a a semicircle 139-142 could now act as a strong support area with medium term perspective and with that into consideration a decent upmove likely in this stock
Dr Reddy has given a huge weekly breakout from Inverted head and shoulders pattern. This stock is a blind buy for investment considering the pharma rally expected for next few years. Add on dips is the best way to accumulate such investment stock. The company has one of the best fundamentals as of date. Stock is available at PE of 20 and PEG of 0.52. the return...
KOPRAN looks good as it's moving up with the volume and as per the sentiments, PHARMA related stocks are in buzz. Expecting 20-30% easily above this zone.