Niftypharma
Momentum Trading Picks - Pharma Stock Natco Pharma.This chart is very interesting as well as confusing at the same time for some people let's break it down step by step.
If you see the monthly chart of Natco Pharma you will notice many patterns there like:-
Cup pattern
W pattern
Pole and flag Pattern
Volume is increasing significantly on the monthly chart
Breakout already happened last week but those who are willing to take risks can still participate in it because the stop loss will be a bit on the higher side.
SOLARA ACTIVE PHARMA LONG TERM VIEWSolara Active Pharma is forming a rounding bottom formation or W pattern on Monthly TimeFrame.
The Entry and Stoploss would be considered on Candle Closing Basis.
Entry - Above 470
Stoploss - Below 273
Target - 1509
( This Target would be achieved in 2 years max from the date of entry).
NOTE:- This view is purely based on Technical Analysis and is for educational purposes only. Please consult your financial advisor before taking any trade
Unlocking Profit Potential: TORNTPHARM Analysis 🚀In the thrilling world of trading, decoding charts can be as exciting as a rollercoaster ride. Buckle up, we're about to unravel the secrets of TORNTPHARM.
📊 Current Positioning of TORNTPHARM
Currently, TORNTPHARM is perched near the 75-minute zone (LTF). On the intermediate timeframe (ITF), it basks in the daily demand zone, close to the daily 20EMA, with an upward trend. Zooming out to the higher timeframe (HTF), the weekly chart reveals it's in a weekly demand zone after reaching all-time highs.
The 75-minute demand zone is of the RBR type – Rally Base Rally. Plan your entry just above this zone, set the stop loss below, and target the 75-minute supply zone. The risk-to-reward ratio is an impressive 1:5.
🔍 Interpreting the Time Frames
LTF (Lower Time Frame): Timeframe for executing trades.
ITF (Intermediate Time Frame): Where we identify the overall trend.
HTF (Higher Time Frame): Timeframe for location analysis.
Lastly, remember, this analysis is for educational purposes only, and I am not a SEBI registered analyst
ASTER DM HEALTHCARE LTD - Ascending Triangle Breakout📊 Script: ASTERDM (ASTER DM HEALTHCARE LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY SMALLCAP / NIFTY PHARMA
📊 Sector: Healthcare
📊 Industry: Healthcare Services - Hospital
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Ascending Triangle.
📈 Current RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 265.55
🟢 Target 🎯🏆 - 304
⚠️ Stoploss ☠️🚫 - 247
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
#DEEPAKNTR...looking good 18.05.23#DEEPAKNTR.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
ALEMBIC LTD Weekly Double BottomAlembic Ltd has formed a double Bottom on weekly chart, Enter with little qty @ CMP and add on dips for the retest. Safe Buyers can wait for retest of the neckline and enter after confirmation.
Please give a boost if you like the analysis and follow for more. Any suggestions or advice is humbly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
Nifty Pharma breakout.Nifty Pharma had failed to close above 14800 on the weekly chart on two occasions in 2021. Has finally given a breakout and close above the level this week.
Keep an eye on pharma stocks.
❤ & follow for more.
NIFTYPHARMA at major SUPPORT LEVEL#CNXPHARMA The next sector to focus on!
The relative Strength chart of #CNXPHARMA/#NIFTY50 is currently at channel support. Index is at major support as well
KEEP PHARMA STOCKS ON YOUR RADAR
NIFTYPHARMA at major SUPPORT LEVEL#CNXPHARMA The next sector to focus on!
The relative Strength chart of #CNXPHARMA/#NIFTY50 is currently at channel support. Index is at major support as well
KEEP PHARMA STOCKS ON YOUR RADAR
NIFTY PHARMAIt is showing the strength. Generally in weak market Pharma & FMCG show strength. Any follow up here will give good upside in no time. Just keep strong counters in watchlist or one may try with heavily beaten up stocks from the sectors. Heavily beaten down will give far more risk adjusted returns than stock which are strong but to catch the falling knife is really an art. So try with strong one first then slowly start for catching falling knife
NIFTY PharmaIt seems at interesting point. It has not performed since long. Round Level of 11500 on monthly basis should be hold. It is near 40 Month moving average also.
Pharma Alert.! Another rally or Trap.?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 term view on pharma sector?, it shows me that higher levels will be tested and there can be a fall in the name of recession period to the level of 7000's. all the best i hope it was helpfull.
ACCUMULATE IN OCT 2022 || expect to further correct till dec 202ACCUMULATE IN OCT 2022 || expect to further correct till dec 2023 || Hold for another 3 years
Nifty Pharma seems to be coming out from the consolidation zoneit 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.
DR. LAL PATH LABS LTD - Multiple Indicators + Just a View 📊 Script: LALPATHLAB (DR. LAL PATH LABS LTD.)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY PHARMA / NIFTY500 / NIFTY MIDCAP
📊 Sector: Healthcare
📊 Industry: Healthcare Service Provider
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and it may give breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages may also give crossover.
📈 Volume is increasing along with price.
📈 Current RSI is around 61.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 2567
🟢 Target 🎯🏆 - 2849
⚠️ Stoploss ☠️🚫 - 2401
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy Navaratri 🕉️ 💃🏻🕺🏻
Happy learning with trading. Cheers!🥂
BIOCON, TOUCHED ITS BOTTOM!!Biocon is in its lowest support. soon the bull rally of oharma is going to come. you could see the last candle, made a touch to its lowest support and bounched back up.
adding on: even look at the size of last 3-4 red candles, which are getting smaller in size. saying that sellers are getting in control, and markets forming a range.
price targets are mentioned.
SUPRIYA LIFESCIENCE, LEVELS!!supriya lifescience is a good company, with a good fundamentals and increasing profits. lastly it has a good profit margin too.
pharma sector is a most toughest sector to analyse.
still with a help of technicals and price action we can make it easier.
targets are mentioned, the stock is following certaining support levels, no movement in the stock for certain continuous days, let see for a movement, and then take the trades.
top of that nifty pharma will get its impulse move soon. (check links part)
note: not a gurrantee investment idea, just ofr nalysis part and education part.
NIFTY PHARMA, IMPULSE MOVE!!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 consolidating at past, and based on the price movement of future.
rest, everything mentioned in the chart.
NIFTY PHARMA, REACHED ITS BOTTOM!!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 ZoneNifty 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)
Zydus Lifescience Monthly Chart Monopoly Stock 98189156321Zydus Life Science on Monthly Charts Taking support
Plus Buy Back Offer At 650
Plus Monkey Pox New Virus Variant Positive For Pharma
