CNXPHARMA has come a long way down towards resistance. Now, in order to breakdown from here it needs either a pullback or a long consolidation for a healthy continuation towards the downside.
Perfect head & shoulder showing go for short of minimum target 12451 risk /reward ratio is 1:5
2023 rockstar .....................................................................
PRICE MOMENT FOR THE WEEK . DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
NIFTY PHARMA INDEX showing weakness on daily timeframe with breakdown... soon prices will decrease.. . PHARMA STOCK PRICES will go down
NSE:CNXPHARMA Head and Shoulder pattern in Pharma Sector
Nifty Pharma , I am expecting fall 7% down , Let see market moving according to my expectation or not This is only for knowledge sharing not for trading ,Just keep on look
Nifty Pharma Its long fall , Now its time for reversal , Most export company will get good profit according to Dollor rate increase Try to Buy Nifty Bees , for Non risk traders
PHARMA will rally now till 2025 , some small correction in between but major trend is up
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...
ACCUMULATE IN OCT 2022 || expect to further correct till dec 2023 || Hold for another 3 years
CNX pharma notified at 12757 now at 13233 potential targets 13600 in coming months sector breakout after long time consolidation..
NIFTY PHARMA - Choose your favorite pharma stocks. My picks - 1. ZYDUSLIFE 2. AMI ORGANICS 3. AUROPHARMA 4. GLENMARK
it seems nifty pharma is ready to come out from zone.....i used renko chart to understand the trend as it help to understand clearly if any changes happening in the underlying trend... I have been accumulating pharma stocks (basket approach) from last 1 years based on mathematical model.
the purple line shows that now its the time that nifty pharma will give a rally, with a breakout(lets watch).. the red line, properly gives a support line, it is holding a strong support. we are currently in demand zone. the two major black lines are drawn to give a range where the market will move accordingly in future, it is drawn based on the markets went...
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..
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)
Nifty pharma index can crack 3000 points from here. Maintain strict stoploss for longs or hedge