CNX PHARMA - STILL TRADING BELOW RESISTANCE
The Pharma Index still looks weak, this week candle is bearish candle closed at its lows. Micro structure is also of lower lows lower highs.
Next support for the index is at 8800 and 8400 level.
Chances are index is in a mood to consolidate for some time.
Next support for the index is at 8800 and 8400 level.
Chances are index is in a mood to consolidate for some time.
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