1) negative divergence on double top with lower volume on second attempt
2) sell below 1735
3) though rupee depreciation is good for pharma stock but FII selling may lead to derating across indian market
All indicators are positive and weekly chart also slowly turns to bullish trend. It may reach the targets (Mentioned in the graph).
Cmp@1365
Stoploss:1260(closing basis)
Vijayaraghavan,
Kovilpatti.
