Strength
1)According to dow theory city pharma limited is following uptrend and never break recent lower high.
2)Creating clean AB:CD pattern on daily and weekly time frame.
3) Completed 50 to 60% retracement on daily and weekly time frame and it looks good for uptrend from current price level.
Weakness
1) Price level of 92 to 93 showing rejection if it sustain above this price then we can expect good uptrend
1)According to dow theory city pharma limited is following uptrend and never break recent lower high.
2)Creating clean AB:CD pattern on daily and weekly time frame.
3) Completed 50 to 60% retracement on daily and weekly time frame and it looks good for uptrend from current price level.
Weakness
1) Price level of 92 to 93 showing rejection if it sustain above this price then we can expect good uptrend
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.