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PHARMA

Laurus Labs: Is it making a comeback...Simple price analysis of Laurus Labs. Laurus Labs, currently has found a support at around 450 and has made reversal. Critical thing to note would be when Laurus Labs crosses the 200 day EMA, at around 529. Need to check other supporting parameters to see if the turnaround is in the corner. The RSI has reversed from 40 and is currently at 46. Positive trigger would be if it breaches 60 and moves up towards 70 Observe the volume bars. Dried up volume would set the stage for revival. Should wait and watch. In the long term I am bullish, though I have exited the stock at 600. Will enter if technical parameters are favourable.
NSE:LAURUSLABSLong
by TheUnlearningOne
4
Strongest among peers.Sunpharma is continously in uptrend and had given a breakout after a good consolidation. Stock has tested its resistance and got a bounce back from that zone. Here is the reason why we can take a entry here:- 1.RSI is above 60 in both weekly and daily chart, which shows strong momentum. 2.Stock is out performing both NIFTY and PHARMA index. 3.Price taking support from EMA as well as previous resistance, shows an uptrend. Entry- Above 827 SL- Below 780 1st Target- 865
NSE:SUNPHARMALong
by anuragsahu614
Swing Trading Opportunities for W/B 4-10-21TRADING WATCHLIST FOR W/B 4-10-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. ON MY WATCHLIST FOR W/B 4-10-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS AXIS BANK BANDHAN BANK HDFC BANK BPCL BRITANNIA DIVIS LABS TATA CONSUMER TATA STEEL ULTRA TECH BOSCH AMARJA BATTERIES ATUL AUTO CGCL DALBHARAT GLENMARK HIND PETRO KANSAI NEROLAC LUPIN ORIENT HOTELS RAYMOND TRF TWL VOLTAMP SECTORS LOOKING GOOD FOR LONG POSITIONS- PHARMA BANK NIFTY MEDIA METALS PRIVATE BANKS PSU BANKS Ideally, the best candidate would be the one that features in both lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Thank you for your time and Happy Learning, Umesh 3-10--21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:CNXPHARMALong
by AVENUESOFINVESTMENT
SUN PHARMASun pharma has given breakout with good intensity of volume, and recently pulled back in wave 2, now wave 3 circle is going on and within that, wave I and II are completed recently and wave III has started, all the key levels are mentioned on chart, one can go long at current levels or in dips ( if any ) with stoploss of 750 for targets of 900 - 925 levels. breakout with good intensity of volume wave structure could be like this macd in weekly positive crossover above zero line and uptick macd in daily positive crossover above zero line rsi in weekly bullish and uptick above 70 rsi in daily bullish and uptick above 60 dmi adx bullish ungali setup upper bollinger band challenged stochastic oscillator in daily is also positive and uptick Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
NSE:SUNPHARMALong
by RK_Chaarts