📈 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...
📈 Alembic Pharma 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above Feb, March high. 3. Higher High and Higher Low formation. Bias- Long Target- 806 and 841 SL- 739 RR- 1: 1.5 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor...
📈 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...
NSE:AUROPHARMA Auropharma after a prolong down move is showing first confirmed signs of life. Breaking a key resistance level with good bar and volume . Price Action hinting at a possibility of further up-move continuation from here CMP- 700.05 Targets - 750
Hi everyone This is an overview of indian market that how it is going to react in upcoming months let me know how you like it and if you have any query plz write back to us. Thank you
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...
BIOCON Daily Chart Outlook Date:-26-01-2022 Day Chart, Chart Making Channel Pattern, Inverse Head & Shoulders Pattern. 4 HR Chart, Price Respect Upper Strong Tradeline, Seeing Strong Support level Wait after Breakout The Chart is telling in upcoming days BIOCON will Good Opportunity To Buy on Reset level This Post Is Only For Education Purpose Before...
As you can see in the chart, Glenmark is testing 540 level, there is the strong Resistance at this point. . Many times stock reversed from this level, now again on stock reversed from 540, . So if stock goes above 540 on monday, you can buy this trade for target of 560. . What's your view on this comment below in the box. . Note: Maintain you stop loss as there...
Glenmark has entered into the consolidation zone and once it breaks 641 level then Target 690 is achievable.
Nifty Pharma index started it's rally after the 2008 crash and top out in 2015. Then it went for a long consolidation till 2020. After analyzing retracement with fibonacci levels I saw that it had took support on 0.618 level and again showed a bullish up move. It crossed it's all time high recently in 2021. Before crossing, sellers tried to change trend but...
Breakout at this level. First Target is 1800 and Second Target is 1900++
A hammer on weekly and bullish momentum divergence on daily already work in progress could indicate the previous bearish divergence moves is probably arrested at support zone and is likely to move up.stocks could be picked once momentum reaches above bull zones.
Glenmark is standing near its very strong support currently and there is no reason foir the stock to correct further, the RSI is as low as 22, and i expect it to stand back strong to its previous high.
Consider buying in small lots near its support area as drawn in the chart
CNX pharma took support with a huge engulfing candle and now approaching the upper level of exploding triangle pattern so it is exciting to see how it reacts to these levels.
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******