PHARMA
Drreddy in Uptrend ChannelDrreddy Is in a Uptrend channel.4h time frame.It is a very high volatile stock.But very good for intraday as well as long term.Trade with your own Risk.Good luck all.
TORNTPHARM Tradeline BOAbove 2730
Sl-2560
Target 2900-3031-3340
Respecting descending trendline from aug month
finding good support near 2500-2442(which is also fib bonaci levels )
above all important moving average
Cipla | Bearish Harmonic pattern =====================================================
⭕ Day Trading opportunity ! 15 min Chart Alert !!! ⭕
--sell below 789.45= or CMP
--Target = 775
--Stop-loss = 794
--Lot Size = 1300
--R:R = 2.81
--Expected Profit = 16,900 ₹ per lot (1.74 % )
--Expected Holding = 1 day only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕ Technical Reasons to trade OR Strategy applied :- ⭕
1) bearish harmonic pattern
2) rejection at top
3) Trade is confirmed with big bearish candle
4) we just need breakdown of support
5) cipla gap is expected to fill soon
======================================================
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
JBCHEPHARMAgain VCP with 70% reduction in volatility with reduction in volume. Buy above 1011 with SL 949
auropharma trend trade trend trade is riskier as we enter in a stock which has shown the move and we expect it to do even better thus with a stop given selected the trade
#ALBERTDAVID looking good for a SHORT TERM TARGET of 15-20%NSE:ALBERTDAVD
The structure looks quite appealing.
- Consolidation for the last few months seems over.
- Sharp rise from established DEMAND ZONE and consolidating near resistance line.
- Buying volume seems much more convincing than the selling. Can give a good 15-20% rally to the next supply area .
- Halting near resistance line . Seems to soak up all the selling pressure.
** Entry can be made immediately upon breakout or upon retest of the down trendline.
Disclaimer: This is just for educational purpose. Investment/Trading carries its own risk of permanent capital erosion and mental drawdown as well. Do consult your financial advisor before getting into any positions.
P.S - Likes will be appreciated along with your insights in the comment section as well. Thank you.
LAURUS LABS | QUICK 5% RETURN GUARANTEEDBuy around 321 with a Stoploss of 316 and with Target at 337 .
Don't forget to follow, if you make some bucks with these levels :)
All levels are as per spot. Please have a proper risk management. Happy trading.
CADILA HEALTHCARE FOR 8 DECA trendline breaked and forming head and shoulders pattern. We can sell it for intraday below 470 for target 465, 463 and SL will be 473.50.
Dr. Reddy's News Driven Breakout All Set for 5200+ in Short TermTechnical Breakout today on the Charts + News Driven Trigger of the Sputnik V Vaccine today. What else is needed in the Setup?
- 5200 might as well be achieved this week i.e. November expiry, quite a high chance
In addition to Nifty Pharma index is also in Bullish mode, Expecting Dr. Reddy's to see New ATHs soon too!
Cipla Looking Good Above 760Expecting 780 in near Future
It was moving sideways for the last few days. Finally gave a breakout above 755.
Caution: Expecting 4-5% Fall in Overall Market in December. That can spoil all analysis. So trade wisely.
#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
