The daily chart of NIFTY-pharma has an ascending triangle pattern. A bullish breakout is an undeniable future possibility.
Mean reversion from demand zone. Trend has reversed. You can choose your picks.
after a long consolidation nifty pharma has made a double bottom. possible reversal for pharma stocks.
Pharma retesting breakout zone.... can we see Pharma index at 20k?
pharma has been in down trend , holding over demand zone . rsi is indicating that reversal may come soon .
Seems to be trading in the range defined in the channel.. 14257 will be crucial for Bulls to hold... If 14257 breaks on closing basis then Bears will have control. LIke... Share... Follow
The gann fan , trendlines and the support resistance lines indicates the strength of the market .
Bearish Shark in CNX Pharma (SL on 5 min. candle close) PRZ for Sell 14798 SL 15686 Target : 10661, 8277 CMP 14597.85 @ July 23, 2021 Chart by Sandeep Rehlan
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Nifty Pharma Index can touch 14450. and then possibly go down.
Cup and handle on Nifty Pharma expecting a Retest on 13480 after on a good upmove expected..... just an analysis only..
Cup and handle on Nifty pharma expecting retest on 13480 and strong upmove after that..... Just an analysis only
It is make or break at this point, I am obviously bullish and excited to see what happens next!
follow the details
Pharma index Longterm target is 26k so choose right stocks for massive returns ,as Bio-Techchnology and pharma reforms(infrastructure building,local manufacturing themes) will play major role in future in India
Considering the cover cases rise and the fact that a lockdown might be implemented, Pharma sector looks like a safer bet. Resistance and support as per the chart!!
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