PITAMAL PHARMA LTDThese are swing ideas which you can add your watchlist and analysis for yourself ! Keep on your radar! i am not sebi ragister! Longby RahulAyar0
IPO BreakoutGood volume buildup in daily as well as weekly timeframe. Highest volume buildup since is IPO in weekly timeframe. Fundamentals are OK. FII and DII stakes are up. NOTE: I do my analysis, do yours before trade.Longby GreyandWise2
life high Let’s dive deeper into the breakdown and the **last 5 candles** for a more detailed explanation of the chart: ### **Breakout Analysis**: **Breakout Level**: The stock price had been **consolidating** just below the resistance level of **₹194.96** for a while. This resistance level corresponds to the previous high, forming a psychological barrier. **Volume Confirmation**: The breakout was accompanied by a **massive volume spike** (112 million shares), which is a clear indicator that there’s strong buying interest and confirms that the breakout is likely legitimate. **Uptrend Line**: The purple trendline connecting the higher lows suggests that this uptrend has been building steadily over time. When the price broke above the ₹194-₹195 resistance, it broke free from this consolidation phase. ### **Last 5 Candles Analysis** (Weekly Chart): 1. **First Candle** (Leftmost): **Type**: Large **bullish candle** 📈. **Action**: This candle was the first to **break above ₹194.96**, making it significant as it signals a breakout. The long body suggests strong upward momentum, with buyers stepping in at the ₹195 level and driving the price up. **Volume**: Volume was **strong**, suggesting a lot of participation during the breakout. 2. **Second Candle**: **Type**: **Small-bodied candle**, a bit of a **spinning top** or **doji-like** pattern 📊. **Action**: After the strong breakout, the price action showed **indecision**. This indicates the market is pausing after a large move up, possibly due to profit-taking or some hesitation among traders about further upside. **Volume**: The volume slightly decreased, confirming the market's hesitation. 3. **Third Candle**: **Type**: Another **bullish candle** 🔼 but smaller than the first. **Action**: This candle confirms that the breakout remains **intact** as the price is holding above the breakout level and moving slightly upward. The smaller body compared to the first candle suggests that the momentum may be cooling off but is still on the upside. **Volume**: Moderate volume suggests some interest, but it’s lower than the breakout candle, which is expected in a consolidation period. 4. **Fourth Candle**: **Type**: **Small bearish candle** 💬 with a shadow (wick). **Action**: This candle indicates a **small pullback** or retracement, which is common after a breakout. Some traders are likely locking in profits after the breakout. The lower wick shows that although the price pulled back, buyers stepped in again, preventing a deeper drop. **Volume**: Slightly lower volume, indicating consolidation, and the sellers didn’t have much control despite the pullback. 5. **Fifth Candle** (Rightmost, Current Candle): **Type**: **Large bullish candle** 📈 **Action**: This is the **most significant candle**, with a **16.20% price surge**, confirming that buyers are back in full force. The long body shows that the price jumped from₹186 to₹219.59, a very strong move. This candle signals the continuation of the breakout move, with no significant resistance in the way. **Volume**: **Massive volume** (112M), which is far higher than previous weeks, confirming that the breakout has strong participation, making the uptrend more likely to continue. ### **Breakout Strength & Continuation**: The strength of this breakout is validated by the combination of **price action** (breaking through resistance) and **volume confirmation** (high volume during the breakout). With such strong volume and the fact that the price is now clearly above the **₹195 resistance**, this suggests that the stock could continue its upward momentum towards the next major resistance around **₹240-245**. ### **What to Watch**: A **strong close** this week will confirm the breakout. If the price stays above the **₹195** level with continued higher volume, it suggests that the breakout will hold. **Pullbacks** are possible, but they may provide entry points if the price holds above the ₹195 level. --- ### **Summary of Breakout & Last 5 Candles**: **Breakout confirmed** at ₹195 with huge volume. The stock has entered a **strong bullish phase** with increasing buying pressure. The **last 5 candles** show initial hesitation, a small pullback, but a **huge bullish push** in the most recent candle. Let me know if you'd like more insights! 😊 no recommendation for buy and sellLongby investigationofchart5
PPL Pharma Create Cup & Handle pattern one Day Time Frame PPL Pharma Create Cup & Handle pattern one Day Time Frame, Buy Sustain Above 145 Sl 128 minimum target 169-188-195.80-212Longby lashkarikartikUpdated 7
PPL PHARMA chart update #PPLPHARMA PPL PHARMA chart update #PPLPHARMA If sustain above the current level then chance for bulls..145 area will act as short term support.. Charts for educational purposes only. Not a Trading Recommendation Thanks, V Trade PointLongby vichithra6
camerla Pattern undecided pattern condition where the 3rd candle is undecided by the byers & Sellers by InfoMcop191
#PPLPHARMA new positionentry 150 sl 147.75 qty 1500 took medium sized position with very small risk Overall market condition is weak, but looking at small daily candles I took the trade because overall market is weak but this stock is not falling and trading in very tight daily rangeLongby mehulsan77111
Break out in Piramal Pharma (Formed a complex cup & Handle )Piramal pharma give a berak out after a long time consolidation ,Breakout happen with good volume Longby siddharath_23Updated 22
PPLPHARMARectangle Pattern Breakout. Volume Buildup seen. Good for Short term. Above all Key EMA. Target 174 , 195 ... Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.by VpktradesUpdated 6
PPL PHARMA All time high in making ?PPLPHARMA has crossed the resistance with a strong candle after retesting the breakout and this move is supported by volume as well. It might move to target marked in some time. Target: 186 SL: 138 R-R: ~1:2 Simple charts, so that, everyone can understand. I'll be posting more such ideas like this. Until that, like share and follow :) Thanks, Wayfarer. keep learning and keep earning. Disclaimer: We are not registered financial advisors, and the views shared here are personal opinions. It's important to consult with your financial advisors before making any investment decisions.Longby wayfarerTrades1
PIRAMAL PHARMA - SUPPLY ZONE BREAKOUT FOR SWING TRADINGSUPPLY ZONE & 5 MONTHS BREAKOUT Breakout point - 150 ENTRY - 150 SL - 137 TARGETS - 165, 180 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.Longby Jagadheesh_JP18
Piramal Pharma05/05/2024 Piramal Pharma Cup and handle pattern on weekly chart CMP 151.05 Target: 165-200-215 SL:142 Information is only for study purposeLongby vikas0119783320
PPLPHARMA giving BOStrong Market Position: PPLPHARMA holds a significant position in the pharmaceutical industry, likely as a result of its innovative products, effective marketing strategies, or valuable partnerships. This indicates stability and potential for growth within a competitive market. Robust Pipeline: A promising pipeline of drugs indicates potential future revenue streams. PPLPHARMA's pipeline might feature a diverse range of products targeting various medical conditions, providing resilience against market fluctuations and opportunities for expansion. Patents and Intellectual Property: If PPLPHARMA possesses a portfolio of patents and intellectual property rights, it could mean a competitive advantage and barriers to entry for competitors. This protection can ensure sustained revenue streams and market dominance for its products. Financial Performance: Analyze PPLPHARMA's financial statements to assess its profitability, revenue growth, and cash flow. A history of strong financial performance, along with positive forecasts, suggests the company is well-positioned for future success and may provide attractive returns to investors. Market Demand and Growth Trends: Evaluate the market demand for PPLPHARMA's products, considering factors such as demographic trends, healthcare policies, and emerging medical needs. Investing in a company poised to meet growing demand can lead to substantial returns. Research and Development: A commitment to research and development signifies a company's dedication to innovation and staying ahead of competitors. PPLPHARMA's investment in R&D can lead to the development of breakthrough drugs, expanding its market reach and enhancing shareholder value. Regulatory Compliance: Pharmaceuticals operate in a highly regulated environment. Ensure that PPLPHARMA has a strong track record of regulatory compliance, minimizing the risk of setbacks due to legal or compliance issues. Competitive Advantage: Assess PPLPHARMA's competitive landscape to determine its unique strengths and advantages over rivals. Whether it's technological capabilities, manufacturing efficiency, or market positioning, a clear advantage can translate into sustained growth and profitability. Dividend Potential: If PPLPHARMA pays dividends, consider the stability and growth potential of its dividend payments. Dividend-paying stocks can provide a steady income stream and signal confidence in the company's financial health. Risk Management: Understand and evaluate the risks associated with investing in PPLPHARMA, including industry-specific risks, regulatory challenges, and potential disruptions to its supply chain or operations.Longby IITIAN_TRADER1
PPLPHARMAPPL Pharma in the pharma sector looks promising, especially after showing strong results this quarter. I'm anticipating an upcoming breakout.by magajikondiroshan6
MyPOV @ PPLPHARMAMyPOV @ PPLPHARMA Check out my #PPLPHARMA analysis on @TradingView: For educational purposes only. Not financial advice. Consult a professional before making financial decisions. #Disclaimer #NiVYAMiLongby kzatakiaUpdated 7
PPL PHARMA SWING TRADE IDEAPPL PHARMA gave confirmation as it closed strong abv piercing candlestick pattern with strong bullish candle and gud volume bar this friday can plan for swing trade with prefered RR,Longby Vintage_Trader007667
Buy Piramal PharmaShort Term Trading Advice by Goodluck Capital Buy Piramal Pharma (NSE:PPLPHARMA) Buy Range- 95 - 100 Target- 115 - 118 StopLoss- below 87.5 Potential Return- 18-21% Approx trade duration 14 - 16 days Longby GoodluckCapitalUpdated 19
Piramal pharmaCup and handle breakout at 94.60 Goood buy after stock retraces around 95 tgt 135 , it can consolidate around at 114 Sl below 90Longby namrataarora26641Updated 2213
PPLPHARMACup and handle formation, final chance to grab this rally. For educational purposes only.Longby EarnEasyProfit0
PPLPHARMA viewsThis script appears to be a nice turnaround story, as disclosed in the chart drawing. Worth watching now for study purposes. by AMGO_Markets3
SHORT TERM BREAKOUT STOCK1 share price trading undervalue 2 above 200 dma 3 short term breakout 4 technical breakout stock Longby sarantrinity87Updated 7
PPL PHARMAstop-loss as per your risk, everything is given on the chart, for the short term. forming rising wedges but if it breaks above 147 then can go for a long till target. For educational purposes.by danchi103