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Pharmaceuticals

Darvas Box formed in a Pharma Stock (Swing setup for 5 to 6%)Cipla, the price is trading below the long-term group of ema's also we have a bearish cross of ema bands. The degree and nature of separation of both bands indicates price consolidation on these levels. So, we use Darvas Box to trade the instrument. Short Trade Setup The breakdown of 1145 will open the lower levels of 1080 which is about 5% Also we have a confirmation from ema bands. Long Trade Setup The breakout of 1200 will open the levels of 1270 which is about 6% But we need a confirmation from ema bands to trade the uptrend. Hit the like button!! Show some energy!! Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. This material is only for educational purposes. Thanks Er. Simranjit Singh Virdi
NSE:CIPLA
by ssvirdi
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. If you've found this analysis helpful, please hit the 🚀 icon, leave a comment, and follow my profile for more insights! Thank you for your continued support and feedback. Always strive to improve and keep learning. Dive deeper into my analyses and strategies at in.tradingview.com 💡 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.
NSE:AJANTPHARMLong
by AfnanTAjuddin
7
Pharma Sector takes LEADERSHIP!Attached: Nifty Pharma Daily Chart as of 26th June 2023 - Today Price has triggered another Breakout closing above the Green Trendline and thus activating a Fresh Up Leg for the Pharma Sector and Stocks alike - This is the 2nd Breakout Trigger (marked by arrow) and the 1st Breakout Trigger was the activation of the Cup & Handle Pattern for which Price is yet to meet its Pending Upside Target - Pharma Index was also the TOP Sector Gainer today - Technical Indicators such as RSI, MACD also confirm the same presence of a Strong Up Trend Therefore, if you want to play LONGs in this Market then you must shift all your Focus on Pharma Stocks from here on, I have already shared one of them NSE:PGHH in my related ideas
NSE:CNXPHARMALong
by T_Harth
Sunpharma might form a new high (26/09/22).Sunpharma on the weekly time frame has given a nice bullish engulfing candle and a nice 6% return this week. The market has given a negative return but this stock has remained in green. There is possibility of another up move in the coming week and the stock may form new 52 week high. It is following the market movement. It has broken the resistance level of 900 and retest the levels. Three points confirmation for a trade 1. Crossed 20 ema on the daily time frame. 2. Closing above the resistance level, high volume break out and closing above 200 ema on weekly time frame. 3. Candlestick pattern :- Bullish engulfing pattern. If the stock breaks and closes above the levels of 925 on the daily time frame, a trade can be initiated. Targets :- 940-45, 950 Wait for the stock price to cross the level. Watch for the price action near the levels before entering the trade. A swing or intraday trades can be taken in the stock.
NSE:SUNPHARMA
by Mambotrade
Sunpharma | trendline BO with volume 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕ --Buy Above =796 or CMP --Target = 950 --Stop-loss = 708 --Expected Profit = 19 % --Expected Holding = 3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 Related Analysis ----------------- DISCLAIMER Alert :- ❌ All Post are for Educational Purpose Only. ❌ Analyze your own before Considering mine. ❌ Know your RISK & HOLDING capacity. ❌ WE are not responsible for any of your profit/Loss. ------------------------------------------------------ Guys check out the related POST as well, it went FANTASTIC ! 🙏FOLLOW for more ! 👍LIKE if U find it useful ! ✍COMMENT your views & feedback !
NSE:SUNPHARMALong
by ReviveTraders
1
IPCA Lab Broke Out !!📈 IPCA Lab 📉 IPCA Lab broke out from a downtrending trendline zone after testing three times. Yes it has closed at high of Fab and March too. So I am biased on long side. On Buy Side I am looking for initial Targets of 1100, 1139, 1211 and 1318. StopLoss should be kept at 965. It offers 1 : 2.5 Risk Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:IPCALABLong
by ShelendrAgrawal
Alkem Chart Analysis !! 📈 Alkem Lab Ltd. 📉 Today broke out from a Resistance Zone after testing two times and also broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 3750-3800 zone followed by 4000-4050 zone. StopLoss should be kept in 3375-3425 zone. It offers 1:4 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:ALKEMLong
by ShelendrAgrawal
Cadila HealthCare Chart Analysis. Is the correction over? Today I have expressed my views on Cadila Healthcare. This stock has been on a downtrend since August 2021. Is it a right time to invest in this stock or should you exit your positions. Is Cadila a good stock to have in your portfolio? All your questions shall be answered in this video. If you like the analysis, please subscribe to my channel. Note: The analysis I share are my own views, I would request you to seek help from your financial advisor before making any investment.
C
by icsanghal