wockpharma seems very strong the stock looks to set for a rally of 12/15% in coming days , if continiously holds 490 on closing basis ! even a 20% move cannot be denied .
PHARMA
GLENMARK: BUY AT 647 STOPLOSS 629 TARGET 673GLENMARK has traded with 3 times its average volume and looks bullish
BUY at 647
STOPLOSS 629
TARGET 673
I am not a SEBI registered analyst.
DRREDDY - Triangle breakdownDRREDDY had a breakdown below 2530 and welnt to 2450, now its coming for a retest of huge support which will become a resistance.
Sell DRREDDY at 2520 with a stoploss of 2560 Target 2400
CNXPHARMAPharma Sector bearishness and consolidation over , #CNXPHARMA might break crucial resistance soon . Great opportunity for investments in PHARMA stocks.
MyAlgo : xMRSI-Progresser: Intraday : 21Sep-Glenmark-ShortBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 21-Sep-2018 for Glenmark
Sell Below(5Min candle close): 669 for targets -
T1: 664
T2: 661
T3: 657.8
SL: 674.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
MyAlgo : xMRSI-Progresser: Intraday : 19Sep-LUPIN-ShortBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 19-Sep-2018 for LUPIN
Sell Below(5Min candle close): 927 for targets -
T1: 920
T2: 915.9
T3: 911.5
SL: 934.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
MyAlgo : xMRSI-Progresser: Intraday : 19Sep-TORNTPHARM-ShortBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 19-Sep-2018 for TORNTPHARM
Sell Below(5Min candle close): 1730.9 for targets -
T1: 1717.9
T2: 1710.1
T3: 1702
SL: 1744.7
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Torrent Pharma1) negative divergence on double top with lower volume on second attempt
2) sell below 1735
3) though rupee depreciation is good for pharma stock but FII selling may lead to derating across indian market
MyAlgo:xMRSI-Progresser:Intraday call:18Sep-STAR-LongBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a GREEN candle on 18-Sep-2018 for STAR
Buy Above(5Min candle close): 509.9 for targets -
T1: 513.7
T2: 516
T3: 518.4
SL: 505.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
NSE Pharma - monthlyThe log-normal monthly chart of NSE Pharmaceutical. Correction in the sector is over and it's a great time to accumulate pharmaceutical stocks.
Glenmark - Safest Buy in turbulent markets Stocks seem to be making a round bottom formation over the year and breaking out of this pattern.
Buy with a stoploss of 671 Target of 409 718. Longterm targets are 940.
CIPLA is ready for a giant leap.After three years of consolidation Cipla has broken out of a cup and handle pattern. Sustaining the previous breakout it has also broken out of flag pattern on daily chart. My view is Cipla can be bought at CMP with a SL of 637 (daily closing basis) for a short term target of 720 . Long-Term targets are 800/840. Risk to Reward of 1:6
Auropharma might just be 2x from here within a year. #PharmaWith Pharma Index already broken out from trendline. I found Auropharma fundamentally the best company in the sector. Technicals are also good and if breakout of inverse H&S happen immediate target would be 710, short-term target 880 and 1200 would e target for 1 year.
Buy lincoln pharma. Buy on dips.As can be seen the price is trading above the cloud after the recent up move, and is stronger than the index. However being in ASM can be a drag. It is suggested to be added on dips.
CIPLA option strategy levels and views the view is formed by studying various parameteres and thus i am holding a strong bullish view in the counter which may take it to the levels of even LT H in oming couple of days !
