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...
Merck & Company, Inc. ( NYSE:MRK ) Sector: Health Technology (Pharmaceuticals: Major) Market Capitalization: $213.987B Current Price: $84.62 Breakout price: $91.40 Buy Zone (Top/Bottom Range): $83.60-$79.90 Price Target: $103.20-$105.80 Estimated Duration to Target: 672-696d Contract of Interest: $MRK 1/19/24 85c Trade price as of publish date: $10.17/contract
Sanofi Short Term We look to Buy at 95.00 (stop at 91.90) The medium term bias remains bullish. Levels close to the 50% pullback level of 93.25 found buyers. Previous support located at 93.08. Further upside is expected and we look to set longs in early trade. Our profit targets will be 104.35 and 110.00 Resistance: 95.16 / 98.22 / 104.35 Support: 93.25...