PHARMA

Up sloping Pitchfork is capturing the frequency nicely and thus offering a good trade with small stop Loss. One can trade it in the following manner Entry 732 SL 724 (closing below on hourly basis) Target 760 Risk/Reward Ratio 3.50 Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.

The stock has nicely formed the double bottom reversal pattern so one can expect that the long term downtrend has been reversed for time being. It has retested the neckline yesterday and bounced from that level. One can buy the stock now with the SL of low of today and continue with the trade for the target of 472. It offers a good Risk to Reward ratio of...

lupin looks good and is set for another atleast a 5% run to the least in coming days is in my buy on dip list with mentioned stop loss !

Supnpharma trading in bullish channel fresh buying above 443 for 454,460 Bears will be in control after 410 for 400,380 Sunpharma hovering near 50 SMA ,if manage to stay above 50 SMA then bulls will be inn control 200 SMA at 405 last line of support

Stock has seen high rollovers fir august series. Sustained 434 resistance and is now heading towards 460 zones

Levels are given in chart

The stock is in deep downtrend but has made a Victor Sperandeo 2B Reversal Pattern with RSI Divergence therefore it looks good for trading/investment. Traders can enter a long at current level with SL of recent low which is quite affordable. One can easily fetch 2.5 - 3 times reward of the risk being taken into this trade. I know that following the trend is better...

lupin positional looks good on charts for long levels mentioned !!!

Cipla is consolidating above it's 200 day EMA.

Biocon has strong support around 553 which is unlikely to break hence one can go long for the target of 587, keep 553 stop loss.

Trade NIvesh : Pharma shares were trading higher in Friday's morning session with their sectoral index trading higher. if you want to make position in future market BUY AUROPHARMA FUTURE ABOVE 826 TG 850, 880 SL 812

The trend of cipla remains strong suggesting to buy for target of 610 in upcoming days. Adding range is suggested and also targets and levels are provided for investment purpose. Thanks Happy Trading.

1) At Support 2) Business extremely strong post USFDA celearance 3) Accumulation going on 4) Highest Oi at 480 at 500 -- SL 455 --- 1:4 RR 5) 1 hr RSI at 40 support

sun pharma looks cool on weekly frame

Entry should be above 450 if sustains Rest mentioned on the chart. "Idea by MALKIAT SINGH" Recently,We launched TruStox Community, A community driven platform for Traders with almost all features that a trader needs. Here are some of them:- Regular Study Conferences Collective Fundamental Research Access to Tools from Trader's Toolkit & many more. For...

Education & Trading Idea Trading Strategy Plan A Buy above 775 for 785-787 Plan B Sell Below 765 for 755-745-735 No Trade Zone - 765-775 ( Risky Traders - They Can Buy close to 765 with strict stops below 765 for 773-775 & Sell Later in 773-775 for 765 downside with strict stops above 775) Thanks for watching the video.

Monthly chart CNXPHARMA Price action: Blue arrows show higher top and bottom Line studies: Price moving out of red downtrending channel Averages: Support at 200 period EMA in June 2018 and Feb 2019 RSI: Bullish divergence + trending upNSE:CNXPHARMA Comment: One can consider investing in pharma funds/Etfs with a systematic investment strategy for 5 years (Holding...

Nifty Pharma Index (CNXPHARMA) weekly chart study