Gland Pharma, founded in 1978 and headquartered in Hyderabad, India, is a pharmaceutical company specializing in injectable formulations. The company focuses on the development, manufacturing, and marketing of high-quality generic injectables, catering to a wide range of therapeutic areas. Gland Pharma is known for its robust product portfolio and strong presence...
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!
A leader in anti asthamatic drugs, bp monitors, blood glucose monitors. Technically, sitting at multi year breakout above 45, formed base,volumes increased. Looking good for investment pick, with 2-3 years view.
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.
Alembic Ltd is into multiple businesses, pharma, real estate and power assets as well. A debt free company. A strong rounding bottom breakout with volumes. Looks good at 150-155 level Support zone is 110 Can reach 190-230-280 levels.
WANBURY LTD: Breaking Resistance Like It's Going Out of Style! Technical Analysis: Breakout: Hold onto your hats, folks! Wanbury just smashed through a 17-year resistance level like a bull in a china shop... if the china shop had been reinforced for 17 years! Trend: The stock is in a strong uptrend, climbing faster than a squirrel on an espresso-coated...
A nice one and half year pattern breakout Breakout Zone : 475 Support Zone - 410-415 Target : 575 - 675 Looks good for Medium Term
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.
The head and shoulders pattern is a popular technical analysis pattern that typically indicates a reversal of a bullish trend. Here's how it typically appears: - **Head and Shoulders Pattern**: - **Shoulders**: There are two peaks (shoulders) nearly equal in height with a higher peak (head) between them. - **Neckline**: A trendline drawn connecting the lows...
The head and shoulders pattern is a popular technical analysis pattern that typically indicates a reversal of a bullish trend. Here's how it typically appears: - **Head and Shoulders Pattern**: - **Shoulders**: There are two peaks (shoulders) nearly equal in height with a higher peak (head) between them. - **Neckline**: A trendline drawn connecting the lows...
Price Analysis & Overview: 1. Good consolidation and BO candle formation. 2. Grabbed liquidity of sellers. 3. Need prices to sustain at the higher levels for further confirmation of momentum. MONTHLY TF VIEW: - Breakout after 3 Indecision (doji) candles breakout on monthly. - 20%+ minimum momentum will be expected. - Stay tuned for further insights,...
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.