Monthly chart CNXPHARMA
Price action: Blue arrows show higher top and bottom
Line studies: Price moving out of red downtrending channel
Averages: Support at 200 period EMA in June 2018 and Feb 2019
RSI: Bullish divergence + trending upNSE:CNXPHARMA
Comment: One can consider investing in pharma funds/Etfs with a systematic investment strategy for 5 years (Holding...
A plausible reversal after H&S pattern (negated) , immediate hurdle around 9400.. this could mean that some pharma can run at least 40-50 points in this week itself. i look for Auro , lupin and other mid caps to perform good.