CNXPHARMA inverse head & shoulder pattern breakoutCNXPHARMA looks good from here .View negation levels below 14300 on daily closing basisLongby rajansikhwalaUpdated 1
Rising wedge formation in NIFTYPHARMANIFTYPHARMA index is forming the rising wedge formation on the daily chart. Rising wedge is a reversal pattern and is usually followed by a bearish price movement in the short term. This, along with the fact that a lot of pharma stocks are exhibiting similar bullish reversal patterns is a warning sign for pharma bulls. Best to refrain from entering fresh long positions in pharma stocks for a while. Educationby vipulmehta8175
NIFTY PHARMANIFTY PHARMA Ascending Channel Trend Pattern Time Frame 1 day Bullish Pattern Longby Trading_Freaks2
looking promisinghave a look at some pharma scrips as major pharma stocks ( like drreddy lupin astrazen etc..) are roaming around their support zone . a breakout in this would signal good buying opportunities in themLongby naveen_kumar_PS0
Pharma Index at BreakoutPharma index looks to set for breakout. it shows RSI strength on weekly chart.Longby VijayBabuA0
nifty pharma I expect Nifty pharma to regain its up move now from this level. full analysis in this video. 06:14by kacharts29
NIfty Pharma on Bigger TimeframeNifty Pharma index started it's rally after the 2008 crash and top out in 2015. Then it went for a long consolidation till 2020. After analyzing retracement with fibonacci levels I saw that it had took support on 0.618 level and again showed a bullish up move. It crossed it's all time high recently in 2021. Before crossing, sellers tried to change trend but failed and buyers took control lead to forming a bullish hammer and engulfing candle which confirmed a strong rejection. After breakout, for last few months it is in consolidation. These candles in consolidation had formed long lower wicks showing the strong rejections. It's important to see how this month's candle gives closing. In this month one attempt have been failed as wee can see a wick above consolidation zone. And it will confirm the bullish trend. This post is for information purpose only. This is my own analysis should not be consider as calls. Doing analysis in simplistic manner without indicators. Keeping it less complicated. Hope you all like it. Thank You by AkshayAdak0
INVERSE HEAD & SHOULDERS PATTERN... NIFTY PHARMA!Inverse head and shoulders pattern is considered a bullish reversal pattern. A breakout of the neckline after completion of the right shoulder triggers the rally in the underlying script. In individual scripts, the breakout can be confirmed with good volumes traded. The share price can retrace and take support at the trendline (the resistance line now acts as support). This is the next confirmation of the bullish trend. The distance between the head and the neckline if projected above the neckline can be considered as the target ahead. In nifty pharma, the index has been consolidating for almost 4 months now. A clear breakout of this neckline can be seen. The index also shows a retest of the trendline and looks like the rally has started. The target should be 15550 (calculated from the height of the head to the neckline). Happy trading!Educationby Stock-Holmes0
Pharama Index watch for next week Pharama Index and stocks watch for next week , Add in your watchlist it can give 7 to 10 % by prajapati9951Longby prajapati99511
NIFTY PHARMA aka CNXPHARMA | Looks good potential in sectorNIFTY PHARMA aka CNXPHARMA | Looks good potential in sector - Following stocks are in my screener.. Attached the indvidual stocks chart in comment section SUNPHARMA GLAND GRANUELS Longby srikartiramUpdated 13
Swing Trading Opportunities for W/B 4-10-21TRADING WATCHLIST FOR W/B 4-10-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. ON MY WATCHLIST FOR W/B 4-10-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS AXIS BANK BANDHAN BANK HDFC BANK BPCL BRITANNIA DIVIS LABS TATA CONSUMER TATA STEEL ULTRA TECH BOSCH AMARJA BATTERIES ATUL AUTO CGCL DALBHARAT GLENMARK HIND PETRO KANSAI NEROLAC LUPIN ORIENT HOTELS RAYMOND TRF TWL VOLTAMP SECTORS LOOKING GOOD FOR LONG POSITIONS- PHARMA BANK NIFTY MEDIA METALS PRIVATE BANKS PSU BANKS Ideally, the best candidate would be the one that features in both lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Thank you for your time and Happy Learning, Umesh 3-10--21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades. Long10:20by AVENUESOFINVESTMENT1
Nifty PharmaWedge pattern in Nifty pharma. Either breakout or reversal possible. wait and watch ...Longby Swing_Trading_Chart0
nifty pharmahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhby kdagrawal19301
NIFTY PHARMA 1 DAYnifty pharma is just getting stuck channel. bears are not letting it to cross resistance. according to chart early profit booking levels are comming. but in upcoming days, can see great upmove. NOTE- this is tutorial basis . not any tip/suggestion.Educationby SaurabhRajeshParekh1
Nifty Mentorship InstaView 30 Sept’21: No Expiry Drama :-( Nifty View: Quite a muted trading session for the benchmark Nifty especially considering the fact that it was the expiry of derivatives contracts. At a close of 17,619, the index was down 89 points marking a series of lower-high and lower-low on the daily time frame. The banks are still leading this weakness, which is not a very encouraging sign as this space enjoys the heaviest weightage. The Nifty index is still in a UP trend but a possibility of further weakness should not be discounted. Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions. Trade Well. Trade Wise. 07:28by Abhijit_Paul116
Nifty PharmaNifty Pharma Bouncing from SEP Bullish Levels... Below Bullish Level Seems will pull back to 14163 / 14108 (good place to enter...) Please avoid any long positions if breaks 14100 and closes below it... Related idea attached below Shortby emraldconsulUpdated 2
Nifty PharmaThree inside up candle pattern in Nifty Pharma on weekly timeframe. It is highly bullish pattern .Longby Swing_Trading_Chart0
Pharms Sector :Nifty pharma : bullish momentum divergenceA hammer on weekly and bullish momentum divergence on daily already work in progress could indicate the previous bearish divergence moves is probably arrested at support zone and is likely to move up.stocks could be picked once momentum reaches above bull zones. Longby seekedgetrade1
Nifty Pharma....what's this week...Strategy : Sell on rise... Levels marked... related idea : refer below for trading lvls for whole of augShortby emraldconsul4
CNX PharmaBreakdown of PITHFORK can bring further weakness. Keep n eye on Support level(13477) Bit more pain left till it reaches important support of 13477by Singh_Siddz4
cnx PHARMA recovering... buy on dipPHARMA INDEX given channel breakout and now on recovering mode... ready to fire pharma stocks buy on dipLongby MDstockmagic1