FDC Ltd. stands out as a prominent player in India's pharmaceutical industry, known for its specialization in high-quality formulations.
Technical Analysis Highlights:
Sector Strength: NIFTY Pharma is currently one of the top-performing sectors, providing strong sectoral support for FDC Ltd.
Proximity to All-Time High: The stock is trading near its all-time high of 547, indicating a sustained uptrend.
Bullish RSI: RSI readings across all major timeframes—daily, weekly, and monthly—are in the bullish zone, signaling strong momentum both in the short and long term.
Target and Stop Loss: From an investment perspective, a potential target range of 645-675 is identified, with a recommended stop loss at 460.
This technical setup suggests a promising investment opportunity in FDC Ltd.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.