PFIZER trade ideas
Pfizer Ltd Technical Analysis .Hello friends after a long time I am Again Back with a New Idea, So Today we are going to Talk about Pfizer Ltd . As you Know Its a Pharmetical Company . So on 1 Day Chart it is Making a Triangle Chart Pattern . So 1st Resistance Level is 5450 Rs and 2nd Resistance Level is 5900 Rs and Support Level is 4850 Rs . and Altrough the Volume is also Dried Up So I think it Will Go Down .
Pfizer -The Next Big ThingNSE:PFIZER
Covid-19 hit the human population not the traders and analysts of stock market.On the basis of consumption and utility the stock price inflates drastically. Pfizer is a pioneer in vaccine development for Covid-19.Just the news of it being sold in Britain, made the price of stock go up by 1000 rupees in the NSE and BSE stock markets.
US government also agreed to give a heads up to Pfizer for production of vaccine in the U.S.
Pfizer will turn into a monopoly and its share price will inflate. It aslo gives good dividends .But be careful as it also has reduced its amount of dividend given to shareholder in mid-June 2020.
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Pfizer looks extremely weak on chartsPfizer has not only filled back the gap it created when a vaccine for Covid was announced, it has broken down further from that point.
The breakdown was also happening with very good volumes.
I still see further weakness in the stock. NSE:PFIZER
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Pfizer gap fill completePfizer, when it announced a vaccine, it had opened with a gap.
Now what kind of a gap is that?
It cannot be treated as a breakaway or a runaway gap because the stock was not really in a uptrend.
So that increases the likeliness of the gap being filled.
Pfizer has managed to do exactly that. And it has filled up the gap pretty quickly as well.
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NSE:PFIZER
Pfizer Bullish Bias above 5170 for 6000The Stock above 5170 has potential of going up another 1000 points minimum
Keep it in watch list above 5170 can be bought
Target 6000
Stop Loss 4700 levels
PFIZER - Breakout from Cup and HandlePfizer has formed a Cup and Handle formation. Company is fairly good. Given the uptrend in pharma industries due to COVID and pfizer being an MNC, its a good trade to take if the BREAKOUT has been confirmed with daily candle closing above 5240.
[PFIZER] Cup and Handle breakout can happen !As per charts after cup and handle breakout instrument can hit 52wk high.
4380 break outas previous analysis on july 30 break out happend at 4380 now pfizer has a bull trend in upcoming days may reach up 5200 next 52 week high
this chart made for personal purpose only not recomendation for buying a stock before accumulating the stock please do your own analysis
Positional LONG Stock making very beautiful cup with handle pattern and with a gap above it can touch mark of 5000 atleast.
Will update further targets later.
Classic Rounding bottomThis can be a textbook example of rounding bottom.
If it consolidates around 5000 mark to create cup and handle pattern the breakout will be very powerful.
PFIZER TECHNICAL ANALYSISHELLO FRIENDS I AM AGAIN WITH A NEW IDEA. FRIENDS I HAVE D MART CHART PATTERN HERE .FRIENDS IT IS MAKING A SYMMETRICAL TRIANGLE CHART PATTERN . ITS SUPPORT PRICE IS AT RS 4480 AND RESISTANCE PROCE IS AT RS 4630 . ITS TARGET FOR DOWNWARD YOU CAN TAKE IS RS 4375 . AND TARGET FOR UPWARD YOU CAN TAKE IS RS 4670 . ALSO FRIENDS FROM MY OPINION I THINK IT CAN GO UP . THANK YOU FOLLOW AND LIKE THIS PLEASE .
longstock has near breakout and turnover has gradually increasing which we can consider as a bullish sign wait for price action BO then enter
levels are mentioned in the chart
Intraday PFIZER Targetting 4353Intraday Target of 4353 in Pfizer
Entry placed at 4260. First target 4290. Immediately hit after analysis publishing in pvt group.
