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...
Lupin seems to be bullish for mentioned 4 targets only if holds above 1015. Regards
Pfizer 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.
Closing 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
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...
The 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,...
Trading in a tight range. Target: 5500 SL: 5050 on hourly closing basis
ANALYSE BASED ON 1. DEMAND SUPPLY 2. FIBO 3. TREND LINE 4. PRICE ACTION
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
Stock has completed Cup and Handle pattern and set to blast upward after breaking the neckline.
Wait for the stock to break on either side.
"Company launched cancer drug Lapatinib tablets in the US". This news may or may not have an impact on the stock, but the pattern and the price action clearly gives a bullish indication. Please follow strict entry and exit rules to minimize your loss as well as maximize your gains. Entry - above 1023 Target - Trailing stop-loss Stop-loss - below 1020 Look...
Look fresh in range 480-505 for upside 580/620 with SL 415..
Lupin look bullish, for Intraday setup CMP at strong demand zone, potential stoploss 🔺 is 983-984. As previous down, need to break 1st Resistance to Make up to 1040+.
As Pharma / Chemical sector is in trend, this company is at promising levels on chart and possess good fundamentals.
The stock has formed H&S pattern and seems bearish for the upcoming sessions. These are my personal views, follow your own analysis while trading.
The stock has taken support on its Long term trendline, and Now 2 things can happen: 1) The Pharma Sector is strong and there is lot of positivity around this stock so there is a very good chance that it will respect this support and will show good bullish movement from the coming sessions. 2) The stock is over priced because of recent Heavy upside movement,...