Buy CADILAHC - Cadila Can Give 15%The stock has broken its all time high. And there are more confirmations that cadilahc has the potential to give 15% . I have been giving buy call since a long time for this stock in my other profile.
You can also check that in the related ideas below.
See chart for more information.
Buy Above - 675
SL 645
Target -710 740 770
Duration - 1-3 Weeks
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Pharmastocks
CLASSIC BULL CUP & HANDLE FORMATION IN WEEKLY CHART.Wock Pharma is a global pharmaceutical and biotechnology company with most of it's revenue coming from europe.
With Pharma Industry Booming Wockpharma weekly chart indicate a Classic bullish Cup & Handle Formation.
Supply Zone has been breached with good volume.
600 is in Psychological Resistance Zone.
Targets are marked in the charts as they are important fibonacci levels.
Keep an eye for these levels as weakness may occur. One can book partially and trail SL or book completely depending on your risk appetite.
P.S Education Purpose Only.
SPARC: Stormy wave 3 ?After long term correction, stock has given a breakout of a long term downtrend line & restested as well. On observation we can find an inverse Head and Shoulder pattern. The prices has given a breakout above the neckline of the inverted H&S with strong volume on weekly chart.
On the perspective of wave analysis, we can clearly count the up move from the bottoms to the necklines a full impulse 1-2-3-4-5 as wave- (i) and the right shoulder correction as a wave -(ii). The Breakout above the neckline (wave-(i) should be considered as the starting of the wave-(iii).
One should buy the stock on current levels & add on dips till the neckline level. Maintaining a stop loss of 160 one should one should remain invested and look for the measured target for inverse H&S as 330 and wave-iii minimum target guideline as 345. holding these levels in future , stock will likely to move upwards for the targets of 450 area.
INVESTMENT STRATEGY:
Buy on cmp : add on dips, SL: 160 tgt: 330-345 /400/450
AUROPHARMA BULLISHAurobindo Pharma looks to breakout the trend. Currently there is a resistance at 1010 range and a strong support on volume profile near 940 range. The stock has tested its low and is currently in the phase of its second leg.
If the stock breaks out above 1010 range, buy it with a target of 1050-1100. Keep a stop of 980
Breakout in THYROCAREDisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter kindly consult with your financial or investment advisor before investing.
Thank you !!
Thyrocare is looks good above 1000 level.
Next resistance levels are already mentioned in the chart. Thank you !!
Long Granules @342 | May Break the falling channel|GI is facing resistance by the trendline of a falling channel. It may be rejected below 342
Attempted few times to break but according to me this time it will break with increasing volumes. Tomorrow Laurus results will set the tone for API stocks.
Delivery % is around 41% , which is quite decent.
Stock most important accumulation area is 337-341.
Risky buyers may enter @cmp
safe buyers enter after 342 on a closing basis.
My Targets
T1 -> 348 (90% prob)
T2 -> 356 (60% prob)
T3 -> 365 (40% prob)
SL - 324
Long term investors hold till the results. It may cross 400.
Thanks.
Divis labdaily chart pattern
positive sentiment of pharma sector
Need Volume for Confirmation
Up EMA
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
HIKAL READY FOR BREAKOUT OR DOWNFALL STARTED LETS SEEhikal again at top channel last 2 time its fall whenever it touches top of channel and making lower lows so its interesting to see this time if it breaks it or fall.. on positive side volume is picking up and rsi also in favour ..
for uptrend it should break 185 level weekly or monthly and sustain it otherwise we can see major downtrend.. my views is on bullish side if it breaks the channel with good volume..