PHARMA
#MARKSANSPHARMA LONG FOR 30-40% ROIF U SEE THE DAILY CHART ITS A LONG ACCUMULATION BY BIG PLAYERS FROM AUGUST TO ALMOST DECEMBER START
THIS STOCK IS TRADING AROUND 60 LEVELS, ACCORING TO WHAT CHART SAYS IF IT BREAKS 70 WE CAN SEE A BLASST TILL 100 LEVELS
SL CAN BE 55rs ON WEEKLY CLOSING BASIS
Grasim Long...Entry above 863
SL below 759
continues trading above 21 SMA
if closing below 21SMA then exit from long
#JBCHEMPHARMA FOR ATHCONSOLIDATION IN PLACE AFTER A MAD RUN, CAN GO LONG HERE AT 990 WITH CLOSING BASIS SL OF 910-915 ZONE FOR TGTS OF 1150
Analysis of CNX Pharma vs NIFTY50Post Covid, we have seen pharma index beating NIFTY. However, last few months, pharma has been stagnant with respect to NIFTY. Idea was to check comparative relative strength of Pharma vs NIFTY and identify signs of next pharma sector run. The two blue lines highlighted looks like the base and top formation when pharma outperforming and underperforming NIFTY
Divislabdivislab:- buy above 3200rs for 3500 tgt sl 3000dcb
(BOTTOM FISHING)
#Disclaimer:-I just shared view for only educational purpose.
Lauruslabs for buying oppurtunityGood positive momentum
nice bounce from the support level
comment for more info and support
TORNTPHARM Descending triangle type patterngood upmove may seen above this tradeline BO with volume
here resistance become support
up trending stock and price above all important moving average
Pfizer Bullish Bias above 5170 for 6000The Stock above 5170 has potential of going up another 1000 points minimum
Keep it in watch list above 5170 can be bought
Target 6000
Stop Loss 4700 levels
BIOCON - W Pattern breakout or breakdown...LETS SEE WHETHER BIOCON CAN BREAK THE W PATTERN AND MOVE UP...
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
#lupin potential upmove above 1015Lupin seems to be bullish for mentioned 4 targets only if holds above 1015.
Regards
PFIZER - Breakout from Cup and HandlePfizer has formed a Cup and Handle formation. Company is fairly good. Given the uptrend in pharma industries due to COVID and pfizer being an MNC, its a good trade to take if the BREAKOUT has been confirmed with daily candle closing above 5240.
CIPLA LONG Above 825Closing above 825 can leads to good up move
SMA As a SL(754 closing basis)
also 78.6% fibbo level is near 725
support zone is 725 to 695
bullish in all time frame
comfortably sitting above all important moving average
Biocon - The Rise of Beaten Down !!The triangle pattern in the channel pattern indicates either a breakdown or breakout.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Alembic Pharma: Trending higher for a new ATHThe stock was in corrective mode while all other pharma names were making new highs. It gave good Q1 results. 2 new plants are getting operational soon which should provide operational leverage. Very positive for long term. In terms of technicals, it gave strong BO from its falling trend channel and is now making higher highs. With the RSI also trending higher, the stock should reach ATH soon. Plan to add more in coming days.
LUPIN GAVE 2 % IDEA SHARED TWO DAYS BACKANALYSE BASED ON
1. DEMAND SUPPLY
2. FIBO
3. TREND LINE
4. PRICE ACTION
LUPIN SET UP FOR SHORT TERM AND MID TERM LUPIN has been forming a nice cup pattern (2times)
.
i am expecting the same for the third time
.
a buy will trigger on DCB above 1055
sl: below 1022 on DCB
.
1 st target: 1122 and trail after that
.
analyses shared only for educational purpose
CIPLA Cup and HandleStock has completed Cup and Handle pattern and set to blast upward after breaking the neckline.
