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Pharmaceuticals

Broad Market is helping Lupin!!!This hourly chart is clearly depicting the sentiments of the Broader Market Nifty Pharma. The Broader market is clearly on the verge of another breakout helping Lupin to gain that thrust. The support at the bottom is holding the stock whereas the volume is clearly helping the stock to rise further. It will be a great trade for short-term traders to ride till that resistance, but for Investors or positional traders, they do wait for that breakout of the resistance. The Head and Shoulder pattern is also confirming the stock to go for a Bull Rally.
NSE:LUPINLong
by Saket_Ojha
1
Glenmark- LONG for med to long termIs it only my feeling?, that Glenmark will go up???. Maybe, maybe not. Fundamentally company looks good, also price action wise present price range seems good for a med term investment. Buy around CMP SL below 430 with a TGT of 585/ 675 Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser. This is for a med to long term investment only, its not a positional or an intraday trade, as I used to do normally
NSE:GLENMARKLong
by theTradingSailor
11
ALEMBIC PHARMACEUTICALS LIMITEDAlembic pharma is one which i would choose in my portfolio to be, why? The reasons i have mentioned in green label and only being one down side the promoters holding the financials are really pleasing profits turns out to be good, similar if we see other companies in comparison (i.e- Torrent pharma) the current trading price is really undervalued. As for trading also we can see that the it is respecting 100 EMA and now might shoot up any time soon considering the stoploss for trading placing below 100 ema (960) for target of 1133.
NSE:APLLTDLong
by KSR010
2
Glenmark | Flag Pattern , Trendline & Range Bound Breakout NSE:GLENMARK positional Trading opportunity ! Weekly Chart Alert !!! --Buy above =542.55 --Target = 688.25 ( 33.55 % ) --Stop-loss = 446 --Lot Size = 1150 --R:R = 2.50 --Expected Profit =1,98,000 ₹ per lot or 33 % Technical Reasons to trade :- 🧢 1) Glenmark has bullish flag pattern Formation and breakout. 2) Range breakout trading . 3) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern. 4) Uptrend Is continuing and Trendline break . 5) resistance is around 6858-733 . Fundamental reasons to trade :- 1)Glenmark Pharmaceuticals to Redeem $8 Million Singapore-Listed Bonds 2)Glenmark Pharmaceuticals Gets US FDA Approval for Axitinib Tablets 3)Glenmark Pharma Gets Tentative U.S. FDA Approval For Axitinib Tablets 4)Dr.Reddy's Laboratories to Acquire Select Anti-Allergy Brands from Glenmark Pharmaceuticals 5)Glenmark Pharmaceuticals Lands Final USFDA Approval for Immunosuppressant Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:GLENMARKLong
by ReviveTraders
19
SUNPHARMA FOR SWING TRADING, 1Hr patternAfter being in the Downward Channel for some time, SUNPHARMA gave a good volume breakout. After giving a breakout on the 1 hr time frame, it formed an inverse head and shoulders pattern. And today, i.e 17th November, it broke its neckline. Due to these factors, I am long on this stock. I have also given a target which I think would be met in this week. This stock is very good for Swing traders as it would give a very good targets in coming days. DISCLAIMER: This idea is my own idea and I have done my own analysis. Before investing please do your own analysis or ask your financial advisor. Thank You
NSE:SUNPHARMALong
by lahanuenterprises