*Astrazeneca Pharma* Time Frame: daily Observation: * Swing High Break * Breakout on 3284 level Resistance/Target: 3974 4543 5124 5479 Support: 3284 3000
after its recent quarterly results it fell a lot. its a very good stock for the swing trade. i have mentioned its targets and they are good support for those earlier a month ago, i had posted its 5 waves. and this time i have extended it till its IPO PRICE. its a bit sad, that it came down this low. but its good to buy in dip. i am aiming for the targets...
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...
DRREDDY - Earning Results is going to be released on 28 October.. Is Strong Down Trendline is going to be Break? If Trenline has been broken with volume then succefully then we may witness nice rally, this is my opinion. What Do You Think?
This is chart analysis only, the business fundamentals feel distressed to me however this is a meme stock and it can easily run up Buying today under $4.20 seems decent but i think there will be lower lows soon
stock could reach its previous resistance(1020). currently for short term, going long.
*AUROBINDO PHARMA* Time Frame: Daily Observation: * Parallel Channel Pattern Formation * Swing High Brake Resistance/Target: 577 628 680 712 Support: 494
Neurocrine Biosciences, Inc. Intraday - We look to Buy at 104.23 (stop at 98.97) A sequence of intraday higher highs and lows has been posted. This is positive for sentiment and the uptrend has potential to return. A weaker opening is expected to challenge bullish resolve. Support is located at 104.00 and should stem dips to this area. Dip buying offers good...
*SUN PHARMACEUTICAL* Time Frame: Daily Observation: * Inverse Head and Shoulder Formation. * Lifetime High Breakout Resistance/Target: 995 1055 1115 1155 Support: 864 821 791
*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)