As you can see, APOLLOHOSP has broken it's Support line today at the end of the day and Retested it with a Relatable Volume. It's good for a short term Short trade. Keep an Eye on it.
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
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The stock has recovered sharply and has found support at the pre-virus high point. It has also been in consolidation for the past few days, and may continue on it's upward trend this week. Keep an eye on the stock. The support level is at 610-615 zone. Expecting a breakout above 650 this week. Pharma sector has been a strong performer in this crash and will...
Glenmark pharma forming bearish pattern.One could look for shorting opportunity.
IPCA posted the highest weekly volume on a down week since 2017. The stock has been trending since 2017 and it has risen 200% approx. The stock price has become extremely volatile and loose, it's a typical sign of topping out. i wouldn't go long on this one
I took a pilot position at 532and I will be looking to add at minor corrections Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. it has clocked the highest volume since 2017 and it's pretty close to its all tie high. The volume on up days are higher than the volume on down...
Torrent Pharmaceuticals Ltd
auro pharma has strong resistance at 795 region ..
#SunPharma @ 477 || 29-May-2020 | hourly - A new trend and a fresh view with a breakout of the pattern - BUY within the GREEN Zone - Stoploss @ 460 #NSE #BSE #Sensex #Pharmasector #Nifty #nifty50 #banknifty #NIFTYFUTURE #CNXPharma
Amrutanjan @ 339 || 29-May-20 || 01-HR - Is it preparing for an upward level ? - Let see the price action - BUY once it crosses 347 - Only caution is MACD - so watchout how MACDline functions till the time breakout comes. WATCHLIST #NSE #Nifty #Nifty50 #Sensex #NiftyBank
I already published this IDEA before in June 4. Please view it. Whole Pharma was under pressure TODAY. ___ Target 1. 475 Target 2. 470 Target 3. 450 Stop Loss @ 499 ___ IF YOU HAVE A DIFFERENT VIEW ,PLEASE SHARE, SO THAT I CAN IMPROVE MY LEARNING. ___ THANK YOU
Keep Pharma stock on watch list.. coming out of consolidation after 5 years.
Market update, covering Nifty and other indices as well. Don't miss!
DIVIS LAB made a strong close yesterday and has reached its all time high. The trend is bullish and the stock has no further upward resistance which could mean a good long entry for both swing as well as positional ,riding the trend and trailing your stop loss. Trade will be valid only on bullish 75CB and further price action confirmations. Here's the daily...
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
CIPLA 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...
CIPLA consolidating at the all time high Refer previous chart for higher level time frame chart. Tagged below. Refer chart for levels