This chart is very interesting as well as confusing at the same time for some people let's break it down step by step. If you see the monthly chart of Natco Pharma you will notice many patterns there like:- Cup pattern W pattern Pole and flag Pattern Volume is increasing significantly on the monthly chart Breakout already happened last week but...
Solara Active Pharma is forming a rounding bottom formation or W pattern on Monthly TimeFrame. The Entry and Stoploss would be considered on Candle Closing Basis. Entry - Above 470 Stoploss - Below 273 Target - 1509 ( This Target would be achieved in 2 years max from the date of entry). NOTE:- This view is purely based on Technical Analysis and is for educational...
In the thrilling world of trading, decoding charts can be as exciting as a rollercoaster ride. Buckle up, we're about to unravel the secrets of TORNTPHARM. 📊 Current Positioning of TORNTPHARM Currently, TORNTPHARM is perched near the 75-minute zone (LTF). On the intermediate timeframe (ITF), it basks in the daily demand zone, close to the daily 20EMA, with an...
📊 Script: ASTERDM (ASTER DM HEALTHCARE LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY SMALLCAP / NIFTY PHARMA 📊 Sector: Healthcare 📊 Industry: Healthcare Services - Hospital Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving...
#DEEPAKNTR.. ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
Alembic Ltd has formed a double Bottom on weekly chart, Enter with little qty @ CMP and add on dips for the retest. Safe Buyers can wait for retest of the neckline and enter after confirmation. Please give a boost if you like the analysis and follow for more. Any suggestions or advice is humbly welcomed. Disclaimer:I am not a SEBI Registered...
Nifty Pharma had failed to close above 14800 on the weekly chart on two occasions in 2021. Has finally given a breakout and close above the level this week. Keep an eye on pharma stocks. ❤ & follow for more.
#CNXPHARMA The next sector to focus on! The relative Strength chart of #CNXPHARMA/#NIFTY50 is currently at channel support. Index is at major support as well KEEP PHARMA STOCKS ON YOUR RADAR
#CNXPHARMA The next sector to focus on! The relative Strength chart of #CNXPHARMA/#NIFTY50 is currently at channel support. Index is at major support as well KEEP PHARMA STOCKS ON YOUR RADAR
It is showing the strength. Generally in weak market Pharma & FMCG show strength. Any follow up here will give good upside in no time. Just keep strong counters in watchlist or one may try with heavily beaten up stocks from the sectors. Heavily beaten down will give far more risk adjusted returns than stock which are strong but to catch the falling knife is really...
It seems at interesting point. It has not performed since long. Round Level of 11500 on monthly basis should be hold. It is near 40 Month moving average also.
NSE:CNXPHARMA According to my analysis this breakout in the nifty pharma sector can give a rally upto 11% in coming months which will overall help the pharma stocks to boost and bring back them in this market where evryone is underestimating the power of pharma sector in the long run. but this is how ever a short term view on the pharma sector. what is the mid...
ACCUMULATE IN OCT 2022 || expect to further correct till dec 2023 || Hold for another 3 years
it seems nifty pharma is ready to come out from zone.....i used renko chart to understand the trend as it help to understand clearly if any changes happening in the underlying trend... I have been accumulating pharma stocks (basket approach) from last 1 years based on mathematical model.
📊 Script: LALPATHLAB (DR. LAL PATH LABS LTD.) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY PHARMA / NIFTY500 / NIFTY MIDCAP 📊 Sector: Healthcare 📊 Industry: Healthcare Service Provider Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and it may give breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages may also give...
Biocon is in its lowest support. soon the bull rally of oharma is going to come. you could see the last candle, made a touch to its lowest support and bounched back up. adding on: even look at the size of last 3-4 red candles, which are getting smaller in size. saying that sellers are getting in control, and markets forming a range. price targets are mentioned.
supriya lifescience is a good company, with a good fundamentals and increasing profits. lastly it has a good profit margin too. pharma sector is a most toughest sector to analyse. still with a help of technicals and price action we can make it easier. targets are mentioned, the stock is following certaining support levels, no movement in the stock for certain...
the purple line shows that now its the time that nifty pharma will give a rally, with a breakout(lets watch).. the red line, properly gives a support line, it is holding a strong support. we are currently in demand zone. the two major black lines are drawn to give a range where the market will move accordingly in future, it is drawn based on the markets went...