PHARMA
Aurobindo pharma to the moonBreakout of cup and handle pattern in Aurobindo Pharma. The stock belongs to the pharma sector, so I'm expecting less impact of COVID scenerio on the movement of this stock.
#tothemoon
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
Positional--sunpharma long...Sun pharma forming very good base
volume was picking up in uptrend and drying up in consolidation
above 660
target-686-710
weak below 629
fundamentals
Market Cap-- ₹ 154,373 Cr.
ROCE-- 10.5 %
ROE-- 9.06 %
Promoter +institutional holdings-- 87%
LUPIN Long term After completing the Cup and Handle pattern and a strong boost in Pharma sector, Lupin finally broke it's resistance and showed a 150 point bull run in the market today. With the Governor's conference today not just LUPIN but other Pharma companies such as CADILA, SUNPHARMA etc. also got a lift in their stock prices.
If we see the chart the next upward targets for LUPIN could be 1322, 1401 and 1497 in long run. On the downside if we see a selling pressure in the market then it can trend towards 1085, 1048 and 1000.
Keep LUPIN in your watchlist for this month and enjoy the bull run.
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AUROPHARMA: CHANNEL + CUP & HANDLENSE:AUROPHARMA
Auropharma is forming a channel it also has a cup & handle pattern, and penetrated the previous high at the time of closing.
Formed very bullish candle on a daily time frame which is engulfing previous 9 days candle.
NIFTY pharma index is also trending higher high.
it can be bullish above 1025.
Not a Trade Advice or Recommendation.
Do your analysis or Consult your Advisor.
Dark Horse of Pharma Sector* 04 years consolidation breakout with high volume .
* Made a rounding bottom chart pattern .
* This is updated chart of sunpharma . Attach the previous chart for referrence .
LUPIN : Large cap darkhorse of pharma spaceMonthly chart -
Weekly chart -
Have also included monthly and weekly charts, script seems to be bullish on all timeframes and currently consolidating which is a sign of healthy base. For short term, its in the range of 850-1100. Once this range is taken out decisively, fresh rally would be seen. Accumulate this as a strong portfolio pick.
IS PHARMA INDEX READY TO FLY NEW HIGH : Uncharted TerritoryPharma sector likely to trade more higher. A new breakout will take the index in uncharted territory. Huge potential unlocking may be seen in some pharma stock prices.
NEULAND LABORITIE/ BULLISH ENGULF/ READY FOR BREAKOUT1. Long signal on Neuland Labs
2. Bullish Engulf
3. Ready to fly to 2840
4. For educational purposes only
[Positional/swing] Divislab Long....Good structure in divislab
Uptrend with increasing volumes
now consolidating with low volumes
So buy 50% above 3855
add more if close above3900
for 6% immediate target approx. 4130
weak below 3650
Fundamentals also looking good
Market Cap--₹ 100,340 Cr.
ROCE--24.4 %
ROE--18.6 %
Promoter + institutional holdings More than 89%
Debt Free
its time to wake up for ALKEMNIND PURI HOGAYI ISKI....AGLE HAFTE KABHI KABHI UTHKE BHAG SAKTA HAI...FOR TARGET 3200 TILL MAY SERIES
Kopran- A Multibagger?The chart is self-explanatory. The technical setup is perfect for Kopran some good business will send the stock prices to Jupiter.
It has Broken out of the resistance line from 2007, with a good volume. 1 to 1 equality with consolidation range gives us a target of 950+ in the long term
Glenmark Pharma – Resistance Breakout above 531Stock has also broken out of Bearish Channel of 356 Points.
Target for same – 470+356 = 826
Fundamentally Stock can be valued at 776*30 ie 23280crs vs Current Market Cap of 15909 crs
Hence at 825 Rs Stock will be Fairly Priced
Technically Stock has broken and retested important Resistance level of 531. Hence more upside can be expected.
Long term Targets – 735, 940, 1154
SL – 514.85 (Weekly Close)
Duration -3 Years
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Lupin Playing RangeBuy Lupin - 2 Condition
Buy Above Any Day Close Of 1125
Buy Above Weekly Close Of 1100
SL - 970 (WCB)
Target - 1400/1700
Divis Laboratories - Very Important Zone (SWING TRADE)Stock has made all time high but has been rejected multiple times from the same zone, might come for selling tomorrow
However looks good for swing
Buy only if hourly candle closes above 3925 !!
P.S. Sell below 3850 only for targets of 3800 and 3780 (Intraday)
#Biocon Trade Setup for Wednesday (Positional Trade)There is a breakout level of 403, once it break
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You can for the target of 420 Levels
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Tomorrow Company will also declare their Quarterly Results
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So keep eyes on this Share.
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Learn More Earn More ✌️
Granules @ Breakout LevelThis stock is circulating in between two trend lines as shown in chart. If the minor trendline is tested tomorrow and if we get a conformation in volume, we can enter in it. Stop Loss should be placed according to your risk appetitive and target is what chart shows :) .Let me add some commonsense to it. Granules is Pharmaceutical company. Covid cases are rising . Rest you know.
pharma -- LUPINlast time i told you guys that it will be the movement of 4000 points
2000 points covered and then it corrected itself to 38% and now time to udaaan of 2000 points
thanks...
PANACEABIO BUY OPTION panacea biotech can be bought for long term but might face resistance in a day or 2 for intraday sell option
