The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 4:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
Will it break the triangle pattern formed from Dec 2019? Not easy to tell but I'm thinking of a bullish breakout. Time will tell.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near swing high.
Hello and a warm welcome to this technical outlook on Dr Reddy based on Harmonic Patterns. In daily time frame it has made a Bullish Harmonic Cypher suggesting an up move possible till 4800/5000 with a stop loss at 4500.
Looks like a push to the 618 fib retracement might be up next. If we have an impulsive 5 up incoming the chart should look like this IMO.
The stock has broken out with good volumes and retested, so it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the previously upper & lower trendline. The target is placed based on fundamentals.
Nifty Pharma index of it breaks n sustain above 14560 then one can buy pharma majors. All frontline pharma stocks can b bought above this . Cipla, sunpharma, lupin, auropharma, biocon & glenmark.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near all time high.
Beyond Air has continued a strong uptrend since June. Recently its bin tapering and has shown a symmetrical triangle formation. A Brake out to the upside is likely to continue the uptrend. Watch for a move past the top of the triangle at 11.88 level for conformation and more possible upside. No resistance till 12.50 a high not seen since March 4, 2020
Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign. Watch strong price action at the current levels for buy.
1. rising wedge pattern formation 2. and inverted flag pattern 3. a clear short opportunity
Merck & Co., Inc., d.b.a. Merck Sharp & Dohme outside the United States and Canada, is an American multinational pharmaceutical company headquartered in Kenilworth, New Jersey. It is named after the Merck family, which set up Merck Group in Germany in 1668. Merck & Co. was established as an American affiliate in 1891 Entry on the bullish break of the dynamic...
NRXP is in for a wild & volatile ride where it may reverse & double in value or even more. Technicals support a reversal over weeks with a current strong trend on the daily. Fundamentals are strong; F-Score is 9 & they just had some major news catalysts including a COVID-19 Treatment drug. High risk with potentially high reward: up to a 25% drawdown and a...
A company with over 10 years of consistent and constant growth, a wide coverage of products already on the market and... despite an excellent quarterly for a news or a trail .. boom .. It drops suddenly ? In my opinion this is sheer market madness, the sites I use as a reference for fundamental analysis confirm to me what I say, the company always be more than...
In hourly tf it has made a bullish hidden divergence and in daily its setting up for an AB=CD near 425-430. View would be negated below 398
Bionano is a hyper-technological industry that operates at the level of the human genome. It has developed a platform with an unprecedented ability to detect structural variations in DNA molecules, is active in research for the fight against cancer and other genetic diseases. It presented excellent results days ago and now a category of big investors has started...
It's become flag clear-cut flag and pole pattern it is it to understand and pharma stock and currently as for the situation and perform good so we should consider this as a good pattern
Auropharma looks good, sustaining 1025 levels, it could move 1056 levels in the near term.