PHARMA
You will earn 30% Swing Pick (1-3 Month apx)
LYKA LABORATORIES (LYKALABS) – {CMP-124.9}
Technically Very Strong💹
(Refer Chart)
Target🎯: 30% Upside expected
SL : 105 (15% Apx)
Disclaimer🙏 : This is not a Buy/Sell advice. We share what we do. Only for educational purpose. Consult your financial advisor before investing.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder
📌 Symbol/Asset: LALPATHLAB
🔍 Description: Stock has given a breakout of Head & Shoulder pattern and now retested the neck line. So its very likely stock will bounce from the neck line and we cann see momentum on the upside !!!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
DRREDDY, 1D Forms Bullish MarubozuNSE:DRREDDY Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company based in Hyderabad. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited. Dr. Reddy manufactures and markets a wide range of pharmaceuticals in India and overseas.
DRREDDY forms Bullish Marubozu on support zone of Weekly TF
Entry : 5673.8
Target : 5890
SL : 5540
RR : 1.6
LALPATHLAB, 1D formed Bullish HaramiNSE:LALPATHLAB Dr Lal PathLabs Limited is an Indian service provider of diagnostic and related healthcare tests. Based in New Delhi, the company offers tests on blood, urine and other human body viscera.
After a downtrend, Lalpathlab gave BO of Bullish Harami candlestick pattern.
Entry : 2239.35
Target : 2352
SL : 2155
RR : 1.34
BIOCONHello & welcome to this analysis
Stock is among the rare few which had a lengthy period of correction which broke the Covid lows.
Its trying to reverse as can be seen in lower time frame but higher time frame still lacks confirmation and is suggesting volatility.
I have explained the levels on both sides which would give a clearer direction of trend.
Hope this helps
Happy Investing
Divislab,1D formed HammerDivi's Laboratories Limited is an Indian multinational pharmaceutical company and producer of active pharmaceutical ingredients and intermediates, headquartered in Hyderabad. The company manufactures and custom synthesizes generic APIs, intermediates.
Hammer formed in Divislab , 1d with parallel channel support
Entry : 3629
Target : 3735
SL : 3525
RR : 1
Sun pharma,1D formed Bullish MarubozuNSE:SUNPHARMA Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients in more than 100 countries across the globe.
Sunpharma gave BO of Bullish Marubozu candle on Daily TF.
Entry : 1136.9
Target : 1169
SL : 1099
RR :0.85
EMA 20 Strategy Unveiled with AJANTPHARM
AJANTPHARM, a leading pharmaceutical company, has recently seen its stocks take a dip, positioning perfectly into the EMA 20 strategy that I'm about to unveil. Before we dive into our analysis, let's ensure we understand the strategy.
📚 The EMA 20 Strategy Explained
Identify an Uptrend: Look for a Higher High-Higher Low structure.
Ensure the EMA 8 lies above the EMA 20.
Watch for a candle that touches the EMA 20.
Wait for the next candle to close higher than the previous one's close (should be above ema 20).
Confirm the Higher High-Higher Low structure remains intact.
Analyse Weekly & Monthly Zones: Reject trades in the Supply Zone (SZ) but consider ones in the Demand Zone (DZ).
📈 AJANTPHARM's EMA 20 Story
Given AJANTPHARM's recent trading at an all-time high with no higher timeframe supply zone, it's positioned favourably. Recently, the price closed below the EMA 20, only to rebound and close higher the next day. With the 8 EMA positioned above the 20 EMA, this stock is an ideal candidate for the EMA 20 strategy. This strategy can be deployed for stocks at an all-time high or those on a healthy uptrend.
✨ Why EMA 20?
Algo traders have let slip that many among them use the daily EMA 20 for stock entry decisions. This insight has rendered the EMA 20 a potent magnet for trending stocks. However, before deploying this strategy, ensure that the stock price respects the EMA 20.
💰 Strategy in Action
Place your stop loss (SL) below the pullback candle's low. Plan your buy entry above today's high, targeting a risk-to-reward ratio of at least 1:2.
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💡 Tip : This strategy shines with stocks at all-time highs or those experiencing a solid uptrend.
“Trade with passion, not with emotion.” 💡
Please note, this analysis is for educational purposes only. I am not a SEBI registered analyst.
INTRADAY TRADE FOR TOMORROW If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Caplin point Daily flag and pole B/OA bullish flag and pole b/o has been confirmed on daily chart of NSE:CAPLIPOINT . Here one can create a fresh position in the scrip. Buy@840 SL@800 TGT@880/920/960
The risk to reward ratio is 1:3
Exit the position if the stop loss is triggered on DCB.
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.