PHARMA
Nifty Pharma index will make new highNifty pharma index is ready to test it earlier high of 13396 , with the rising covid cases and with new scarcity of hospital beds...pharma co's are bound to do well and chart is also supporting the logic. Its coming out of its earlier resistance level and ready to test and cross its earlier high.
SUN PHARMACEUTICAL - Straight Rise or Fall before Rise ? | SwingStock has been bullish in last 3-4 sessions.
There are 2 possible scenarios mentioned in chart, you can trade accordingly depending on if stock breaks the upper TL immediately or breaks it in next few days after bouncing from lower TL.
Keep in radar for April !!
Auropharma looking strong!!!The Pharma sector has been performing with great strength , CNXPHARMA moving 1.76% in the day showing great strength in the market , and if the global ques are looking good too then auropharma can be a good stock to watch for tomorrow as it can be watched above the level of 898.70 for a breakout opportunity and below 863.10 for a breakdown opportunity .
#VIVIMEDLAB Invest & Forget CMP 17.70 Targets 100%++ return 40#VIVIMEDLAB
CMP 17.70
Target: 24 // 40 // 70 ++
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NSE: VIVIMEDLAB
Super Bullish on this stock.
From Rachit Sethia with 💚
Alembic Pharmaceuticals ready for a launch✅buy and hold✅
buy @930-38 range
add @ 900
trgt 985-1030-1100+🎯🎯
(period 1-3 months)
why this fall happened ?
there are two major 2 reasons for this fall
first one
🔸profit booking in pharma sector
second one
🔸negative q3 result published.and it's advanced so its fell.
reasons for this buy
🔹anytime we can expect a ride in the stock
🔹chart looks promising
🔹forming ascending triangle
if u are interested in my charts
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Intraday setup for 18 marchThe stock is forming lower low on a longer time frame
***go short around 431-432 with stop loss at 435 for TARGET 424/420
(R/R=1:2.5) NOTE-This is my personal view and does not guarantee any success, please do your own research before trading
Apollo Hospital Found "Tweezer Top"Tweezer Top Identified
Sell On Any Rise To 3020-3050
Strict SL - 3182 (WCB Or DCB)
Target - 2650/2500
DCB means, if apollo hospital breaks and close above 3182 till wednesday than treat this sl as daily closing basis.
If apollo hospital breaks and close above 3182 on thursday, than wait for friday's closing.
Continuing in UptrendThe stock looks good to long from here
2900-3100 will be a good Support as it was a Resistance before + past data suggest weekly Rsi at 38 is a reversal point for the stock***Buy between 3100-3200 for Target 4800-5000(With stop loss at 2900 on closing basis)... Only for long term investors with Great Risk/Reward=1:4
DR.REDDY is ready for a breakout...Heavy volumes are seen and you can clearly see a DIVERGENCE in RSI.
might see dip tomorrow.
but i feel as the market is up no one is going to take a risk & its a breakout tomorrow
if breaks its 1st target is going to be 4780.
buy a call in the price and Relax. and of course put a stoploss.
All the best ;)