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PHARMA

BIOCON bullish counts in both casesBiocon on long term count has either completed wave 4 & started wave 5 up which can reach 780-1060 levels or its forming triangle in Wave 4 of which wave A is complete & we are rising in Wave B Up so in both cases prices should remain bullish as the moves unfold we can decide if its impulse or counter trend move at least a move towards 374 is possible in wave B view invalidates below 191.55. I am not a SEBI Registered Analyst please consult your advisor before investing charts shared for education purpose only.
NSE:BIOCONLong
by churiwalvikram
3
GLENMARK- Squeeze Buy!GLENMARK Attached: Daily Chart as of 31st March, 2023 Bullish Opportunity in Glenmark is clear as Price has Not Only given a CLASSIC CUP & HANDLE BREAKOUT BUT IT is also accompanied by a Squeeze Buy Signal aka the Squeeze Release ! (Note: Squeeze is a volatility and momentum indicator introduced by John Carter, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The volatility component of the Squeeze indicator measures price compression using Bollinger Bands and Keltner Channels. If the Bollinger Bands are completely enclosed within the Keltner Channels, that indicates a period of very low volatility. This state is known as the squeeze. When the Bollinger Bands expand and move back outside of the Keltner Channel, the squeeze is said to have “fired”: volatility increases and prices are likely to break out of that tight trading range in one direction or the other.) CMP= 464.7 Targets🎯: T1= 500 T2= 550 Stop Loss⚠️: below 445, which is Breakout Candle Low
NSE:GLENMARKLong
by T_Harth
AUROPHARMA may break downward channelAURO Pharma is trading downward parallel channel since last two year. Also form bullish RSI divergence in weekly timeframe. So, it can buy whenever breaks downward channel for long term investment, or even more than 5-year investment can be done average in this channel and wait for breakout. This is as per my best knowledge, we are not advising anyone to buy or sell, consult your personal advisor for investment advice. No personal holding in this stock as on today.
NSE:AUROPHARMALong
by P_hetalben
Nifty Pharma- Three White Soldiers BULLISH REVERSAL!Attached: Nifty Pharma Index Weekly Chart as of 7th April 2023 With the Week gone by, Price has formed the 'Three White Soldiers' Candlestick Pattern on the Weekly Chart This has MAJOR IMPLICATIONS (Note: the 'Three White Soldiers' is a Bullish Candlestick Pattern that is used to predict the Reversal of the current Downtrend in a pricing chart.) What Does This Mean for Investors & Traders? - Money is flowing back into the Pharma Sector and Stocks - There is a Trend Change of the previous Bear Trend to start of a New Bull Trend - In addition to the Candlestick Reversal Pattern, Price has also given a Trend Line Breakout (marked as Dotted Trend Line on Chart) which is another sign for a Trend Reversal Hence, Bulls are now chasing the Pharma Sector so if you want to make Money on the Long Side, this is the Sector to be in ! .......................... FYI: I have already shared a Bullish Stock Pick within the Pharma Sector in my Related Ideas below. Check it out to know more.
NSE:CNXPHARMALong
by T_Harth
Divis Lab: At support and trading strategyChart setup The stock has previously taken support at 3450 odd levels in late May - June 2022 / Aug 2022 / Oct 2022 - it broke down below that in November and the same level acted as resistance in for a month and a half - now again trading above the crucial levels - blue trendline support comes at 3330 odd levels on 25 Jan 2023 ___________________________________________________________________________________________________ My Trading strategy Given the set up going with a Put short Sell 3400 put option currently around 92-95 ____________________________________________________________________________________________________ Gain potential and understanding risk profile The strategy has a max profit potential of Rs 13800 per lot and (ROI potential of 15.5% approximately) The strategy has inbuilt loss protection for a fall up to 3308 till Jan expiry. ____________________________________________________________________________________________________ My Risk Management levels On the downside I would be watching out for 3405-3388 odd levels. It give enough time and scope to adjust / exit in case view gets invalidated. Take care & safe trading...!!! Hope the analysis and explanation of trading strategy helps you plan and manage your trade. Do let me know if you find the analysis and insights helpful. To trade with me, Do Like and Follow for getting more trading ideas like these...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:DIVISLABLong
by indiamarketoutlook
Laurus Lab: Technical Analysis, levels and planning your trade Laurus lab In my previous take on the stock when it was trading at 463, a long position in cash market was suggested between 436-463 from a long term perspective and with a warning that below 435 it might fall down to 340-370 odd levels and that one needs to have a plan for the same. Accordingly I had I haven't changed the chart but using the same one now... You can see how Technical Analysis has helped us identify levels well before hand... Once 435 was taken out, the stock has taken support exactly at major support level highlighted in November itself. Technical Analysis is not about being right or wrong (you are bound to be wrong some or the other time) Rather use Technical Analysis to - identify your levels beforehand, - plan your trade, - understand your risk and - manage your trade Trust the analysis helps you plan your trade. Like and Follow for more trading ideas. Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:LAURUSLABSLong
by indiamarketoutlook