Long Position. This is a technical analysis. High Volume Financials: 1. Company has reduced debt and is almost debt free. News: Recently in news for indigeneous Dengue vaccine trials. This is for Educational purposes only. Investing decisions should be made wisely and not emotionally as per your own risk.
Pharma is Sector for 2023 This ha shown very good upmove from its support level. Believe this will repeat the same
firm business pharma tycoon well known pharmaceutical brand, have started following uptrend after long time buy now with stoploss of trndline. and buy aggressively after it closes above 175 now have also formed bullish engulfing above trendline
Volume BO and Making rounding bottom also stock taking support from trendline.
inverte H&S breakout likley price>6>18>50>200 Day EMA dengue vaccine phase 2 has been promising if approved for public use (2026) , price can fly
1. Trend - Turning bullish 2. Base Building- 15 months consolidation 3. Breakout - Yet to confirm 4. Pattern- Rounding pattern - Multiple formations 5. RR - Lucrative with very good RR
Reason for long a) HSP set up b) volume and price spurt c) super vwap set up d) Qqe long F) super trend long g) channel breakout SL compulsory
This is one the classic example of idiotic punter to trap retailers Idiotic punters are market makers or manipulator or promoters. This idiotic punter may take this stock down by another 35%. Hence SL compulsory. If Sl is 1 pt below the previous month low. This type of price dump, they have been doing since 2010. Better not to invest in any pharma stocks,...
Stock has given strong BO on daily, weekly and monthly chart with massive volume spike, risk reward is favourable. Follow chart for proper support and resistance levels.
Buy panacea biotec cmp 130 target 450 Start accumulating the dips.
Support and resistance levels: The key support levels are 107.81 The key resistance levels are 134.5. stock has crossed the 50 day moving average on weekly chart. first target 178.78 then we will move forward. Disclaimer: This is not investment advice. Please do your own research before making any investment decisions
Can go long , break resistance and following trend line .
PANACEABIO is showing building of inverse head and shoulders patters, looking great above 124 closing on daily chart only for educational purpose
PANACEABIO is trading in the range for the past couple of months and breakout by 18% today with huge volumes. The reason for this is due to " $127.3 million orders from UNICEF and PAHO for the supply of its WHO pre-qualified fully liquid Pentavalent vaccine" With this movement, Trend Ch +ve. Close Crossing 4-week High Crossed Monthly Pivot upside Close is...
Reason for long a) Consolidation breakout b) Good volume c) pharma index is also positive
Panacea Biotech Limited is touching monthly channel bottom. Ideal holding period - 1-2.5 years Projected gains = 200% - 225% Stoploss on closing for 2 months below the channel. ** Material only for reference. Assess your risk before entering any positions.
Stock Price is retesting an important buying zone. Could this become the next multibagger?
it shall not go below 190 on wcb & trade above 232 for higher levels 343 -390 -524 or it's going down to touch 172 -136 -97