CNX Pharma looks bullish to me for 12400 unless 11000 is broken , where counts in charts will get invalidated.
PS: This charts is not for investment / Trading purpose, it is shared only for educational purpose. Please don't take any trade on the basis of this chart. any other counts are welcome :)
-Pharma sector yet to rally more upto 12000, 12900, 13500
-Also it is considered as defensive sector like IT
-Currently bank nifty weightage is decreasing and pharma is having only 3.2% weightage it can go upto 5-6%