Downward Slopping Channel Breakout on Monthly ChartDownward Slopping Channel Breakout on Monthly Chartby sanstocktrader3
Nifty Pharma, 200 DMAHow to know that Indian Pharma industry is making a turning around? Have a look at Nifty Pharma Index. It is above 200 DMA and holding above it, and secondly 50 and 100 DMAs are crossing on the upside. Then look at the major pharma stocks such Lupin, DrReddy, Cipla etc. Most of these stocks, barring a few, are above 200 DMA. So those above 200 DMA should be trading long. More clarity will come by. Longby ParimalDevnath2
CNX Pharma- Bulls are getting Ready?Pharma Index has been in downtrend since Dec 2017, but now it has shown some strength at 8800-8300 levels. On monthly chart index has formed bullish pattern which gives us confirmation for upside.Trade with the levels.Longby NileshChavan1
Nifty Pharma Bull run in making ?? Nifty pharma looks we are near to worst time over period. by pratik.patel2
NIFTY PHARMA CNXPHARMANIFTY PHARMA CNXPHARMA - Shows positive divergence while it has been in downfall since sometime. Pharma can be a good theme to play for next 12-18 months by SquareDoubleThird6
CNX PHARMAPharma index completed its impulsive rise in April 2015...Since then it has been showing a well confined correction which appears like a tripple zig zag. The correction seems to be over and we have a small impulse....Buy it traders with a small stop of 9770....as the rewards could be amazing...Longby NileshThete2