SMS Pharma is showing absolute strength and expected to break this barrier soon. Target as per my study should be 199-248-291-310
NOTE: I'm not a SEBI REG. Study before investing.
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.
SMSPharma, now at 186.15, on March-14-2024 :
Per EW, this has retraced till 0.618 at 162.5 twice and rising.
Looks like swing trade happening here, and so buy on dips is adviced
Buy few, Buy until 162.5, 152.8, 143.2
Uptrend confirmation comes after 194 and
Target prices thereafter --> 212.85, 224.75, 234.5, 244
Expected gains from current price --> 31
Sl...
