SunPharma has formed a bearish pattern and until it sustains above 1260, will remain weak and we expect to see 1190 and 1175 on the downside.
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Happy Trading!
Any who wants to add a quality stock in their demat can be go with LUPIN because lupin pharma share has been in very good strong upward momentum from the last 6 months and higher chances of that it will continue its upward journey .Because of the pattern of the share is like first go up and then go down , then again go up and then some downwoard moves , from last...
Monthly chart analysis of Marksans pharma reveals a beautiful cup and handle breakout in the stock.
We have seen an ATH breakout already and a consolidation/retracement is bound to happen.
The stock is looking strong for multibagger returns with the best buy level for a positional trade is the range of 95-105
Keep this stock in your watchlist. For investment,...
Alkem has already formed cup and also forming Handle but yeah it can take a long waits...
Close above ₹4200 is important....
What's your view ? Bullish or Bearish ?
Seems like Solara Active Pharma has bottomed out. With the recent high volume followed by tight inside candles + inside dojis, this is a picture perfect setup for swing trade. Pharma sector is in an uptrend so can expect #SOLARA to jump the wagon as well.
Enter @ CMP
Stoploss 322
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI...
Weekly Timeframe is bullish
Daily Timeframe has tested demand zone
Structure is shifted from bearish to bullish on 4HR
Not to be considered as financial advice. Just a personal outlook
A probable Inverted Head & Shoulder Chart Pattern Breakout will happen on the weekly Time frame of NSE:METROPOLIS
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only after successful breakout confirmation.
Stop...
«👀 BLISS GVS PHARMA 💀»
Stock looking good for medium to long term holdings , Stock has broken out of a range consolidation of almost 2 years and has also formed a bullish flag and pole pattern
Stock's fundamentals are also very good :
🫴 PE ratio of 16(undervalued)
🫴 Debt to equity ratio 0.1(Low debt)
🫴 Cash flow good
🫴 Defensive sector (Pharma)
🫴 Fiis and Diis...
AJANTPHARM, a leading pharmaceutical company, has recently seen its stocks take a dip, positioning perfectly into the EMA 20 strategy that I'm about to unveil. Before we dive into our analysis, let's ensure we understand the strategy.
📚 The EMA 20 Strategy Explained
Identify an Uptrend: Look for a Higher High-Higher Low structure.
Ensure the EMA 8 lies...
KMC Speciality Hospitals setting up nicely for a breakout with good volume and clean price action, as I highlighted in the chart we can see a clean cup (with a big base) and handle internal pattern formation. Also company has good fundamentals (high ROIC+ROCE, quick cash flow business, debt in control and good earnings growth).
I have entered the scrip at 63 and...
APLLTD is one of the few pharma stocks which have not shown upmove in the past couple of months.
I had observed similar pattern in Auropharma and IOCLP and these stocks have rallied over 30% from their support trendline.
You must definitely keep this stock in your watchlist as around 650 levels is the minimum target one can expect.
Kindly trade as per your own...
MEDPLUS had an episodic pivot and gave a good retracement near its previous support and now is clearly respecting its 50 day moving average which is a clear indicator of strength in the scrip. Good opportunity to go long.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor...
