Sun Pharma heading upwards towards 200 DMA Stock has seen high rollovers fir august series. Sustained 434 resistance and is now heading towards 460 zones
PHARMA
Victor Sperandeo 2B Reversal Pattern RSI Diverg Small Risk TradeThe stock is in deep downtrend but has made a Victor Sperandeo 2B Reversal Pattern with RSI Divergence therefore it looks good for trading/investment. Traders can enter a long at current level with SL of recent low which is quite affordable. One can easily fetch 2.5 - 3 times reward of the risk being taken into this trade. I know that following the trend is better but sometimes taking small calculated risk for reversal also rewards well.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
supports and resistance for lupin lupin positional looks good on charts for long
levels mentioned !!!
Go long in Biocon for the Target of 587, SL 553.Biocon has strong support around 553 which is unlikely to break hence one can go long for the target of 587, keep 553 stop loss.
Aurobindo Pharma jumps 3% | Trade Nivesh Trade NIvesh : Pharma shares were trading higher in Friday's morning session with their sectoral index trading higher.
if you want to make position in future market BUY AUROPHARMA FUTURE ABOVE 826 TG 850, 880 SL 812
Will it Go Down or Continue uptrend?The trend of cipla remains strong suggesting to buy for target of 610 in upcoming days. Adding range is suggested and also targets and levels are provided for investment purpose.
Thanks Happy Trading.
SUN Pharma1) At Support
2) Business extremely strong post USFDA celearance
3) Accumulation going on
4) Highest Oi at 480 at 500 -- SL 455 --- 1:4 RR
5) 1 hr RSI at 40 support
WOCKPHARMA - Dil Mange More.....Entry should be above 450 if sustains
Rest mentioned on the chart.
"Idea by MALKIAT SINGH"
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Note : Trading in any financial market is very risky. We post ideas for educational purpose only.
It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Auropharma - How can you miss 790's Education & Trading Idea
Trading Strategy
Plan A
Buy above 775 for 785-787
Plan B
Sell Below 765 for 755-745-735
No Trade Zone - 765-775 ( Risky Traders - They Can Buy close to 765 with strict stops below 765 for 773-775 & Sell Later in 773-775 for 765 downside with strict stops above 775)
Thanks for watching the video.
Confused about where to invest at this stage of the cycle?Monthly chart CNXPHARMA
Price action: Blue arrows show higher top and bottom
Line studies: Price moving out of red downtrending channel
Averages: Support at 200 period EMA in June 2018 and Feb 2019
RSI: Bullish divergence + trending up NSE:CNXPHARMA
Comment: One can consider investing in pharma funds/Etfs with a systematic investment strategy for 5 years (Holding period 10 yrs)
By Animesh Vashisht, CFTe
(Disclosure: I hold personal investments in the sector.This is just an opinion not advice.Consult your financial advisor beforemaking investment decisions)
DR REDDYS LABS : DRREDDY Long & Short DR REDDYS LABS : DRREDDY Long & Short
Buy Above : 2662
Targets : 2721 , 2767
Short below : 2526
Cover around : 2441 , 2410 , 2356
Auropharma -Selling the Tops@831-ByeIf you get opportunity to say bye bye to bollywood actors we were blessed to have such actors like kaka and asha parekh - Won't you be interested to say good bye.
Thanks for watching the video and your precious time.
Divis Labs Potential Short CandidateSelf Explanatory: NSE:DIVISLAB On a daily time frame it has formed head and shoulders pattern and retest of the breakdown happened.
On weekly time frame potential trend reversal has occurred.
