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...
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...
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.
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...
Buy abv 385 Target 420 Flag pattern already box breakout
Stock has given a flag breakout at 55 Pole Height : 20 points Sigachi is also creating a rounding bottom breakout above 62 which is its listing price. Looks a strong candidate to double from here. Short term trade.
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “Remember how things were looking weak on the 8th and 10th of Jan and how Nifty turned from there? For tomorrow, the bullish stance continues and the first support will be the ascending channel top-line ~ 22050 levels.” 4mts chart Nifty hit a new top of 22124 today and just when everything was going in...
SPARC is trading near support and volume is coming in this stock. Price is at an attractive area. Targets 250-290-300-320-350
Supriya lifescience has given a range breakout in weekly chart. Stock is consolidating near the support . Good oppurtunity to long for a Target1 of 400 and T2 450. Keep sl at near recent swing around 310. This is just my personal view on the stock . This is not a recommendation . I am not a SEBI registered advsior. Thank you !
Glenmark Pharma, CMP - Around 788 If the closing price of Glenmark Pharma surpasses 797, I am contemplating a buy position above the 800 mark. To mitigate potential losses, a stop-loss order will be strategically placed below 760. Our anticipated price targets are set at 840 and 880, with consideration for trailing if market conditions prove favorable.
PE is negative at -42 THE CARLYLE GROUP ACQUIRES A MAJORITY STAKE IN SEQUENT SCIENTIFIC LIMITED Shares of Sequent Scientific soared over 9 percent in early trade on September 15 after the company's board approved the sale of its API (Active Pharmaceutical Ingredient) facility in Thane Sequent Scientific (NSE:SEQUENT) delivers shareholders decent 8.8% CAGR over...
Buy abv 740 close in weekly for upside confirmation. Target - 900 , 1000 2nd scenario keep accumulate now. if u know the fundamental analysis. Because I covered only technical.
Rounding Bottom Break out ! 3 year High breakout as well! along with good strong volumes. Overall Pharma looks poised for a good upside run ! Breakout above 520 level for a strong move to 800 levels.