nifty pharmanifty pharma
fundamentally : just a bubble
technical: some room still there for rally upto 9200
Pharmaindex
Intraday Setup Torrent Pharma !!Follow Chart Instruction.
Take Entry at given level if comes.
Risk Reward 7-10 times.
Nifty Pharma - ready to move up after a consolidation.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 for every equity portfolio. Identify a mix of large and quality mid cap stocks and keep adding them at every dip.
SUNPHARMA: Buy @ 595 SL 575 TGT 620SUNPHARMA has traded on NSE with 5 times its average volumes and has crossed its recent resistance. Buy SUNPHARMA at 595 with Stop-loss at 575 and Target at 620
