CIPLA ConsolidatingCIPLA has been trading in a zone for the past 42 days.
This might continue for some more days,but a big move is expected whenever is breakouts or breakdowns from this zone.
Will trade with 1:3 RR NSE:CIPLA
More chances of breakout are there as CNX Pharma is bullish and it might reach 10k levels soon.
Keep a look out on pharma stocks especially :
1) Alembic Pharma
2) Torrent Pharma
3) Aarti Drugs
PHARMA
Anuh Pharma | 15-May-2020 | Something is in the making | Pharma #Anuhphr @ 148 | 15-May-2020
#AnuhPharma
- Price is holding on to its lower channel only on every fall
- Upper range is now shifted to further upward channel
- This has not yet much participated in #pharma rally.... now something is cooking?
Keep on #watchlist
#NSE #BSE #Sensex #banknifty #Nifty #nifty50 #NIFTYFUTURE #SGXNIFTY
buy cipla intraday/hold for 3 daysTomorrow , if Cipla open near 622, and if share price is near 633 at 9:30, buy the shares. Keep a Target around Rs650 and you may place Stop loss as you wish. if the trend is downwards in the preopen market, then do not buy the share.
For traders who wish to hold for 2-3 days, hold the share till target of 666.
Torrent Pharma continuation trendOn daily time frame, stock is showing really good long setup with a Symmetrical triangle which is indicative of continuation of bullish trend
Since , Nifty Pharma is taking on a ride and pharma stocks are hitting through the roof.This will be a good long bet in the bearish Market.
Initiate a long trade as soon as it breaks the last high of 2525 with a stop loss of 2440.
Volatility is expected since the markets are very choppy and there is a lot of noise.
These are solely my views. Trade wisely
Pharma - Go long19th May, keep pharma stocks in your watchlist.
Sunpharma, Cipla, Dr. Reddy, etc.
Simple rule, wait till 9:30-9:45 , whichever stock breaks intraday high, go long with a tight stop loss.
Like and follow for regular updates.
I’m not publishing stock specific chart but simple rule will make you money tomorrow.
Do comment if anyone of you do.
Vimta Labs - Buy, using simple support and Resistance linesSupport and Resistance lines act as good levels for entry and Exit. In the chart of Vimta labs, two resistance lines are drawn. The way to trade this setup is to either go long after the breach of first resistance line or to wait for the stock to retrace after the second touch of the resistance line.
Go long either around 76-77 or after 88 is taken out.
Target- 118
Stoploss - 70
Happy Trading,
CadilahcPlay accordingly...pharma sectors...Lots of oi build up in bullish side...pull back trade also happen...
Best buy recent high close candle only...
Do your own analysis....