Pharmastocks
BioconBIOCON
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 Investment Money, Kindly Talk With Financial Advisor First.
AARTI INDUSTRIES MID-TERM SWING TRADE!Hi everyone, Aarti industries mid term swing trade consider buy above: 1,015 target: 1,130 stoploss: 975
LOGIC BEHIND TRADE: Stock has recently given correction from it`s all time high & bounced from it`s daily support and formed double bottom pattern it`s sign of trend reversal. (Target identified from harmonic xabcd pattern level 0.886) stoploss is taken previous swing low. NSE:AARTIIND
CADILAHC in Daily, Weekly and Monthly Demand ZoneCADILAHC has been consolidating little above Daily time frame Demand Zone after entering the daily Demand Zone. It has also touched the Weekly and Monthly time frame Demand Zone. Looks a good buy candidate price will gain strength by closing above 475 on daily candle closing basis.
GRANULES INDIA Daily Chart Analysis 30.11.2021GRANULES INDIA as per daily chart analysis is in the downtrend channel and it has made four attempts to break the channel and once it crosses the resistance level 310 and in the fifth attempt it should give a breakout. So once 310 level crosses will update you.
Aurobindo Pharma Technical and Fundamental AnalysisTechnical Analysis
Aurobindo Pharma has taken support at upper range of support box(630). It can move upwards after taking support at 630 price level. It is good time to accumulate share at current levels for long term.
Fundamental Analysis
Current PE : 7.45 (Undervalued in comparison to peer Pharma stocks)
Sector PE : 38.7
Below data for previous 5 years.
Revenue Growth : 15.2%
Sector Revenue Growth : 6.96%
Market share increased from 7.65% to 11%
Net income growth : 21.4%
Sector Net income growth : 8%
Glenmark Pharma Trade Setup For MondayAs you can see in the chart, Glenmark is testing 540 level, there is the strong Resistance at this point.
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Many times stock reversed from this level, now again on stock reversed from 540,
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So if stock goes above 540 on monday, you can buy this trade for target of 560.
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What's your view on this comment below in the box.
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Note: Maintain you stop loss as there is high volatility in the Market.
GRANULES INDIA Daily Chart Analysis 26.11.2021GRANULES INDIA has taken the support of its previous resistance 310 level as its support and if it breaks the support 310 level then the next support is 303 level and breaking the trend line another support at 295 level for the stock to reverse.However one can see a fresh buying opportunity only after full correction completed.
AUROBINDO PHARMA LONG TERM SWING TRADEHi everyone, Aurobindo pharma consider buy 623 target 800 stoploss 545.
LOGIC BEHIND TRADE : Stock is near it`s weekly support (620-580) support identified from harmonic half bat pattern level 0.618 stock can bounce from support & can go upto it`s previous resistance 800 stoploss only 15 points from support. NSE:AUROPHARMA
LUPIN: BEARISH TRIANGLEThe current structure suggests that the stock is making a bearish triangle. One should look selling opportunities on any rise with Sl of 985 for the downside targets of 880/850. Th triangles are penultimate waves & the thrust out of the triangle is the last move of any trend. So we can expect reversal in the stock very soon.