*ZYDUS LIFESCIENCES* Time Frame : Daily Observation: * Parallel Channel Pattern Breakout on Daily time frame * 380 Swing High Break * Mean (EMA) Diversion on Hourly time frame. Resistance/Target: 401 420 452 486 Support: 350 329; Dynamic Support for EMA 200 on Hourly Time Frame.
*METROPOLIS HEALTHC* Time Frame: 1 Hour Observation: * Mean (EMA) Diversion on hourly time frame. Resistance/Target: 1624 1750 1856 1905 Support: Dynamic Support of 200 EMA
NSE:APOLLOHOSP Large cap Health care stock is forming triangle pattern with 4 months support line and 9 months resistance line with 4 rejections. Previous support line was broken at 2022-04-29 and fallen 25%, hence this time enter only on strong breakout and follow strict SL. Shorting can be attempted with triangle's support is broken strongly, and SL need to...
*ALKEM LAB LTD* Time Frame: Daily Observation: * Rounding Bottom Formation on Daily Time Frame. * Overall Pharma Sector is doing well. Resistance/Target: 3595 3786 3947 4070 Support: 3158
the dark black trend lines drawn are the actual positions where the nifty pharma should carry on, i have drawn a support line from the corona crash till date, which shows markets have bottomed. please do read the text mentioned in the graph, to understand my full analysis..
its gonna give a huge breakout. the stock is trading very low, and all it can go till 3677!!
i have marked the time of corona crash(2019), with a circle, this stock had not broken its support during a crash too, that means its a stable stock. it has a good fundamentals, due to heavy corrections from past year, this stock had corrected a lot. i have drawn a 5 wave pattern, and this stock will now stock its bull rally, as markets for large caps have...
1 hour chart with a head and shoulder pattern and the daily chart as well
Nifty Pharma- Support and Resistance Zone Consider buying Nifty Pharma stocks above resistance zone ( We can wait till 4 hours candle close above resistance) Consider selling Nifty Pharma stocks below support zone ( We can wait till 4 hours candle close below support)
Stock had decent drop right after earnings to the lowest channel support line. Stock is heavily short : 20% of float is short 80% Institutional investors. nice swing opportunity for a re-bounce to the upper "resistance" channel line. NASDAQ:CTIC
NASDAQ:LXRX LXRX has gained over 100% in the past month However it appears to be forming a double top in a potential short trade setup on the two hour chart. The K/D crossover on the hot RSI oscillator provides confirmation. Short Sale Volume is rising in the past two days. Findamentals - LXRX has a new medication for heart failure a common medical problem...
NASDAQ:ASND as can be seen on the hourly chart ASND is in an uptrend recent earnings were a good beat, RSI is quite high and it is at one than one STD above the multi-session VWAP. ASND is on watch for a pullback to find an entry as it has high upside.
Glenmark Pharma >> Ready to Swing>>> Long & short Trade
After following this since hit flat lined at .81 cent I saw clear cut signs of accumulation and break out. Right at the end of the option chain cycle. Which ended today. The fact that it jumped to above a $1 on this day shows to me that its serious about bouncing off the bottom. Otherwise it could have just stayed below $1 until after today. It jumping...
Eli Lilly and Company ( NYSE:LLY ) Sector: Health Technology (Pharmaceuticals: Major) Market Capitalization: $315.073B Current Price: $331.60 Breakout price: $334.70 Buy Zone (Top/Bottom Range): $314.00-$292.90 Price Target: $364.20-$367.50 (2nd) Estimated Duration to Target: 112-120d (2nd) Contract of Interest: $LLY 10/21/22 350c Trade price as of publish...
Novavax NVAX is actually lining up pretty well... from about 240, it tanked to 40, and on Friday, it gained 11% to close the week at 57.15. This caught my attention as it cleanly broke out of trendlines, breaking out also from a bearish divergence, on BOTH the weekly and daily chart. IMHO, it appears to be in technical and fractal alignment. Weekly chart...
The statistics are between $184 - $219(1 Year) Its Financial Health is very strong. Why not wait till Moderna makes greater progress and finds It Resistance Again at $450 Moderna has many projects running. So if we see progress in some of the projects in the next Years, we will see a great price rise. I believe it won't be difficult to reach its older...