Tomorrow , if Cipla open near 622, and if share price is near 633 at 9:30, buy the shares. Keep a Target around Rs650 and you may place Stop loss as you wish. if the trend is downwards in the preopen market, then do not buy the share. For traders who wish to hold for 2-3 days, hold the share till target of 666.
buy biocon when it comes down to 325 or buy when price is b/w 325-340. keep a stop loss around 295. holding period is 3 months maximum. target will be 405 rs.
Key Levels for AUROPHARMA: UPPER BREAKOUT~555 FIRST TARGET~565.90 INTERIM RESISTANCE~576.05 FINAL RESISTANCE~587.45 **************************** LOWER BREAKOUT~534.30 FIRST TARGET~523.45 INTERIM SUPPORT~510.85 FINAL SUPPORT~498.25 Please trade with caution and consult your financial adviser before trading.
Key Levels for AUROPHARMA : UPPER BREAKOUT~557.25 FIRST TARGET~576.40 INTERIM RESISTANCE~590.20 FINAL RESISTANCE~604.80 ***************************** LOWER BREAKOUT~536.10 FIRST TARGET~518.05 INTERIM SUPPORT~496.40 FINAL SUPPORT~480.20 Please trade with caution and consult your financial adviser before trading.
Key Levels for AUROPHARMA : Upper Breakout~518.80 First Target~534.20 Interim Resistance~550.50 Final Resistance~565.90 **Lower Levels** Lower Breakout~488.05 First Target~474.60 Interim Support~460 Final Support~441 Please trade with caution and consult your financial adviser before trading.
nifty pharma fundamentally : just a bubble technical: some room still there for rally upto 9200
Metropolis post its results on 6th Feb did meet with some heavy profit booking that dragged the prices lower by 150 points. However, the momentum in this counter continues to remain upbeat. The dip provided a good opportunity to some strong hands to reenter and quickly place the stock back in contention. On the charts we note that the trends post a steady...
Glenmark Pharmaceuticals (weekly) staying above 395 level, it will give good breakout. A journey toward 500 level.
Following Nifty ATH, other sectoral indices too are moving up, forming multiple bullish patterns. Pharma sector which was once darling of investors, is attempting to catch up. Some of you might have experienced, how it makes wild moves. Pharma stocks are among most preferred ones, among FIIs, DIIs and HNIs. I guess having exposure to the sector is a necessary...
KEY TAKEAWAYS A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Traders who believe a security is likely to remain within its descending channel can initiate trades when the price fluctuates within its channel trendline boundaries. A more potent signal occurs with a...
Pharma counters have been under the scanner and this counter after its strong upward run since August 2019 to challenge its former highs formed in March 2019 around 1770 before it succumbed to the selling pressure that emerged at those zones. The sharp decline from these levels are now attracting steady selling interest that has dragged the prices lower. With...
Weekly is at a minor resistance level and recent uptrend seems to be losing strength looking at the candles. Today, price broke daily TL with a small gap down. Time to go positionally short with SL of 491 and target of 429.
Aurobindo Pharma (auropharma) (weekly) bounced from trendline support & trading inside the channel. It is holding the trendline support. Staying above the line, good for positional.
Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria. Haribol ! The stock had entered into the zone from which it had rebounded in the past. If you search the news on 15th Feb 2019...the entire world was pessimistic about the Dr Reddys's. The FDA was raising issue on the one of the most important manufacturing plants...
25% upside possible in one year.