Pharma sector likely to trade more higher. A new breakout will take the index in uncharted territory. Huge potential unlocking may be seen in some pharma stock prices.
Stock has also broken out of Bearish Channel of 356 Points. Target for same – 470+356 = 826 Fundamentally Stock can be valued at 776*30 ie 23280crs vs Current Market Cap of 15909 crs Hence at 825 Rs Stock will be Fairly Priced Technically Stock has broken and retested important Resistance level of 531. Hence more upside can be expected. Long term Targets – 735,...
There is a breakout level of 403, once it break . You can for the target of 420 Levels . Tomorrow Company will also declare their Quarterly Results . So keep eyes on this Share. . Learn More Earn More ✌️
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...
On the daily technical chart, the stock is rocking in the Performance area. It is suitable for very short term trades as it doesn't have healthy fundamentals so not recommended for long term investment or Positional Trading.
Buy on dips near 3600 with SL of 3400 for target of 4200/4400/4600
hikal again at top channel last 2 time its fall whenever it touches top of channel and making lower lows so its interesting to see this time if it breaks it or fall.. on positive side volume is picking up and rsi also in favour .. for uptrend it should break 185 level weekly or monthly and sustain it otherwise we can see major downtrend.. my views is on bullish...
Everything clearly mentioned in the chart, it took support of the trend line today, go long for Target 640-660 With a stop loss 540 , Risk/Reward=1/2.5 ~for educational purpose only~
LUPIN Lupin weekly chart(Means view for 5 to 12 month period ) Stock forming base as per me Its a buy at cmp approx 55 % and add at 950 /930 if comes REMAINING 45 % with sl strictly at 870 target 1 year view 1763.65
Is 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...
What is your view tell in comments 01. Undervalued stock with good fundamentals 02. Available at discount from 52 week high 03. MACD gave bullish Crossover 04. Broke mini trend line now facing big one 05. For educational purpose only
Since last 2-3 month trading sessions its creating descending trendline pattern. Stochastic RSI showing strong bullish crossover near the resistance line. So, Expected It will break out of downward trend in coming trading session. Once breakout and it's trading above 990 then it will go to 1085 to 1120 target soon. Possible Trade: Buy LUPIN Above 990 Stop-loss...
Please view the chart for recommendation.
IT MAY FACE 1070 LEVEL AS RESISTANCE RESPECTIVELY. (THAT IS 78.6 FIBO LEVEL) POSSIBLE TARGETS ABOVE 107O: 1) - 1125 2) - 1290 NOTE: This Analysis Based On 1 Week Time frame, Targets May Achieve Within Period Of 3 to 6 Months. Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.
Alembic 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...
IT GAVE 5 Yr Old Trend Line Breakout On Weekly Time frame Possible Target 1090 Soon, Hold Above 920 ! Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only !