The Index has given breakout and is currently retesting its trendline, as long as it stays above TL the movement is overall bullish and entry can be taken above day high.
These are my personal views, follow your own analysis.
The stock has taken support on its Long term trendline, and Now 2 things can happen:
1) The Pharma Sector is strong and there is lot of positivity around this stock so there is a very good chance that it will respect this support and will show good bullish movement from the coming sessions.
2) The stock is over priced because of recent Heavy upside movement,...
Nifty has broken its strong Support Tl1 and its currently at its retest, the fact that second wave of covid that has started in UK might be one of the reason for this shake down But following Technical analysis I can say its weak for upcoming sessions,
Moreover there is a common Gap at the bottom that is still left to be filled.
The entry points are given along...