A Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:SMSPHARMA MACD gave Positive crossover on Daily and will give positive crossover on Weekly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this...
Analysis: The provided chart of SMS Pharmaceuticals (SMS Pharma) on TradingView reveals a potentially lucrative breakout opportunity. Let's break it down: Current Price: ₹145.45, comfortably above the multi-year resistance level of ₹136 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume,...
1.Volume is good 2.resistance has been tested for more than 100days 3.rsi from support more possible for gap up target 136.139+
Stock has given strong BO on daily and weekly chart with massive volume, heading to complete round bottom pattern, follow chart for proper support and resistance.
SMS Pharma can be Good Long term Investment with Pharma Sector showing the Buying Interest Again. Weekly charts suggest Reversal in Trend & the Long Term investors can be rewarded by 2x-3x Returns in coming Years. Targets Given purely based on Technical charts & No Fundamental Analysis done. Please do your Homework before taking any call on stock. Happy...
Stock Name - SMS Pharmaceuticals Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 106 #This is not Buy and Sell recommendation to any one. This is for...
SMS Pharmaceuticals underwent long downtrend from 198.8 on 05/08 to 116 on 20/12. This trend seems to have gotten over with Higher High and Higher Low pattern since 20/12. Pattern: 1. Higher High Lower Low on Daily basis from 20/12 2. Cup and Handle Pattern beginning from from 04/11/21 Technicals: 1. Positive RSI Divergence 2. RSI Cross over on daily basis 3....
Bullish flag pattern in Sms Pharmaceuticals Limited.....
Entry above 189 with good volume and closing
Stock is in clear uptrend making Higher highs and Higher lows with small corrections .The upward moves are additionally supported with volume spikes creating a strong bullish bias. Should give a blast move in coming days. 2.5 RR
SMSPHARMA is a budding smallcap company which is improving its fundamentals in Pharma industry. The company is sure to grow backed by strong demand in pharma sector.
Flag Breakout Looking Good Bullish Bias Buy at CMP SL 80 Target 130-140
Buy above - 86.00. Stoploss - 82.50. Target - 100.00
nice build up for long run. it'll make high of 88 - 90 in next 2 to 3 months..