pharmastocks

prasantakrmodak

A high probability setup

get_to_mahendra

current market price 4627 target 5901 stoploss 4216

Satvik_Singhal

Pharma stocks have been corrected from their highs. Auropharma has given a breakout from the trend line with high volume. Macd is also giving a signal for reversal. Buy @ 821-825 Target I - 887 Target II - 961

afzal_57

M had a tremendous move till 2016. Went into a downtrend therefrom till 2019. Trendline broken. Bullish bias restored W has a Rounding Bottom and three HH and HL. Can be bought as per levels mentioned in chart.

TradingSutra

Third of third wave has been completed. The stock is ready to give upside rally again after the 4th of 3rd wave completion that can lead the stock to travel into four digits price territory.

TradingSutra Updated 

Buy lupin if holds the current level as a support for the target of 990/1000-1020 zone

rohitgupta161087

As we have seen some pressure in both the major indices we noiced that Cadila was earlier facing resistance and now again after testing its resistance zone yesterday it reversed from its selling zones. so we can see some more selling pressure in this scrip..

FAHEEMSAM

LOOK OUT FOR A BREAKOUT IN SUNPHARMA AS WELL AS DR REDDY AS THEY ARE NR7 CANDIDATE. THEY HAVE BEEN CONSOLIDATING FOR THE PAST 3 DAYS. Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose. Trade at your own risk. Thank you Have a Nice day!!

SWFguy

after the run, looks like a bearish phase now.

FAHEEMSAM Updated 

This chart shows the consolidation face of AJANTA PHARMA after a power move. So we expect another power move if it brakes the current resistance level. Wait for the breakout. Confirm it is clear breakout with volume. Buy with the help of technical indicators like macd, moving average, pivot points etc Or you could wait for a retracement and buy at...

Tradilife

Sun Pharm had a nice and clean flag breakout post results, But it has not been able to give confirmation of breakout. Now if it closes below the channel, we may see it going back to lower band(though unlikley). My bet is it will go up from here. Long above 540 with Stop at 505.

TradeLearnwithHM Updated 

DISCLAIMER { Educational Purpose } All investments involve risk. Please Do your analysis before initiating any trade GOOD LUCK !

TradingSutra Updated 

Ascending triangle or a bullish triangular wave structure breakout. Buy on any dip near 4200 for a target of 4650-4700.

EntryandExit

I hope you can now see how the Biocon represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...

InfinityCapital Updated 

I took a pilot position at 532and I will be looking to add at minor corrections Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. it has clocked the highest volume since 2017 and it's pretty close to its all tie high. The volume on up days are higher than the volume on down...

Ankit_1986 Updated 

Taking support at parallel channel Hammer formation confirms buying support Good quarterly results Pharma Sector and Market is in positive trend Good to buy at this price

oldwine Updated 

I already published this IDEA before in June 4. Please view it. Whole Pharma was under pressure TODAY. ___ Target 1. 475 Target 2. 470 Target 3. 450 Stop Loss @ 499 ___ IF YOU HAVE A DIFFERENT VIEW ,PLEASE SHARE, SO THAT I CAN IMPROVE MY LEARNING. ___ THANK YOU

Mohitv003

look promising in this kind of volatile market . not corrected too much in past big down fall And recover promptly . also Pharma sector look promising in upcoming period . so i long ! with Stop loss of 160.