GlaxoSmithKline Pharmaceuticals , a major player in the pharmaceutical industry, is displaying technical signals that suggest a potential swing trade opportunity. Reasons are listed below : Breakthrough of Strong Resistance (1800-1900) : The 1800-1900 range was a significant resistance level. The price has broken through, retested, and is now making new highs,...
Since our initial analysis in November, Bayer's stock has experienced a 40% pullback. Despite missing our limit order by 2%, we have decided to enter the market now and plan to make additional purchases if the price drops further. The stock has held around the 88.2% Fibonacci retracement level. We are currently within the 50-61.8% Fibonacci extension zone for...
ABove 160 closing on day chart, can trigger some great upcomes. as 160 was the ipo base breakout as well and it was a critical support as well. Buy this above 160 for a sharp rally for 100% upside. Fundamentals are improving slowly and same is observed In the chart pattern as well. India's one of the largest Animal health care product company....
For the past few weeks we have been trying to understand how to use the performance of an index reflects in performance of stocks that are constituents of that particular index and vice versa. By catching the index that is on the verge of breaking out or has broken out during the week, we can plan our investment and trades around it to maximize our returns. We...
NSE:SUNPHARMA 03.07.2024 Buy above 1539 Target:1627 Stop Loss:1494 Risk-Reward: 1:2 01. Inside candle breakout in daily & Weekly 02. After big uptrend, price is getting consolidated in downward range by creating LL & LH 03. Price has rejected & found fake breakout at 200 EMA level and 50% Fibonacci level. 04. Price has failed to create LH 04 &...
Indices are far more reliable during technical analysis as compared to the individual stocks. The pattern is a clean one in Nifty Pharma Index. This is to spread the awareness about technical chart patterns and not a buy/sell recommendation. Always do your own research before making any financial decision.
#PHA The price is moving in a bearish channel pattern on the 4-hour frame, and it adheres to it well, and it is expected to break to the upside The price rebounded well from the lower border of the channel at the green support level 0.1650, which is a strong level. We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI...
Rectangle 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...
SUPPLY 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.
AMEX:PILL On the 4H Chart, current market price is sitting on the support of order blocks and the EMA200, while in an uptend from a double bottom in the sprint. It is moving into the high volume area of the voluxme profile. For the swing trade, the stop loss is $0.10 below the EMA200 while the targets are marked based on a combination of the horizontal...
#PHA The price is moving in a bearish channel pattern on a 12-hour frame, which it adheres to perfectly. We have stability above the moving average of 100. We have a downtrend on the RSI indicator that supports the rise and is about to break higher Entry price is 0.2444 The first target is 0.2724 The second target is 0.3228 The third target is 0.3650
Achyut Healthcare Ltd is a pharmaceutical trading company that was established in 1996 and is based in Ahmedabad, Gujarat. The company trades in pharmaceutical products, medical devices, and APIs. It manufactures tablets, capsules, oral liquids, and injectables, and also customizes products for domestic and international markets. looking for 59 price in upcoming...
Accumulation followed by Huge Volume . Cup & Handle pattern visible in Weekly TF. Good for Short Term. Target 160 ,200. 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.
Gilead Sciences (GILD): NASDAQ:GILD We're aiming to diversify our portfolio beyond just tech stocks and the tech sector. We're now focusing on companies in the pharmaceutical industry, such as Gilead Sciences. Analyzing the weekly chart, we observed the largest surge since 2010 for Wave (3). We believe we've also completed Wave (4) at $56.56. The peak was at...
So funny and amazing, when you had prepared a long-term vision for a company just 2 days ago, but did not published for a while, and purely by chance get notices, that this company has grown today for almost 250% in some hours. So, nevertheless, this only confirmed, that signals, which were seen are correct and I still can publish my forecast for almost 10...
On the 12 month timeframe, or yearly supercycle, ILMN seems to be consolidating enough these first 3 months into 2024 to ultimately flip to the upside with maximum bull force. The company has a solid catalyst with AI facilitating the end goal of a super biopharma product that perhaps all humanity may have to rely on: a panacea. This panacea may come in the form of...
momentum stock stabilising . lets see if it can fly