NIFTY PHARMA GOING FOR NEW TOPNIFTY PHARMA is ready to go for the new top
1st target : 14965
2nd target : 16400
3rd target : 17900 - 18950
CNXPHARMA trade ideas
NIFTY PHARMA : LONG- the long term RS downward slope broken out
- RS green box breakout
- looming threat of new covid variant (omnicron)
CNXPHARMA (PHARMA INDEX-NSE) Analysis For December 08, 2021CNXPHARMA (PHARMA INDEX-NSE) has completed a Trianlge pattern and shown a reversal from the bottom. Currently it is being consolidating in the narrow range. Wait for it to break 13280 for up trend. Important resistences are 13314 & 13340. Failing this will continue downward movement and one can enter sell below 13210. Important supports are 13165 & 13130.
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CNX Pharma - At the CruxCNX Pharma - It is right at 200 DMA. But look at the Same Same with 2014-2016.! If that happens, the darlings in Pharma shall go down the....!.Though i believe, it might not and i am playing for the bounce. I would prefer to add through Pharma ETF on Lumpsum now and SIP basis. SL - 10%. Let us see what plays out.
Nifty Pharma Nifty Pharma index of it breaks n sustain above 14560 then one can buy pharma majors.
All frontline pharma stocks can b bought above this .
Cipla, sunpharma, lupin, auropharma, biocon & glenmark.
Nifty Pharma 1DChart indicates the upper movement as a channel is expected to break
support and resistance is marked for the day
short term positive movement is indicated
Nifty-pharma in ascending triangle. The daily chart of NIFTY-pharma has an ascending triangle pattern. A bullish breakout is an undeniable future possibility.
#NIFTY PHARMA - Mean reversion Mean reversion from demand zone.
Trend has reversed.
You can choose your picks.
time to invest in pharma stocksafter a long consolidation nifty pharma has made a double bottom. possible reversal for pharma stocks.
nifty pharmapharma has been in down trend , holding over demand zone . rsi is indicating that reversal may come soon .
Nifty PharmaSeems to be trading in the range defined in the channel..
14257 will be crucial for Bulls to hold...
If 14257 breaks on closing basis then Bears will have control.
LIke... Share... Follow
nifty pharma prediction .The gann fan , trendlines and the support resistance lines indicates the strength of the market .
Bearish Shark in CNX PharmaBearish Shark in CNX Pharma (SL on 5 min. candle close)
PRZ for Sell 14798
SL 15686
Target : 10661, 8277
CMP 14597.85 @ July 23, 2021
Chart by Sandeep Rehlan
NIFTY PHARMA -1D- NSE We Need Profitable Deals Not a Lot Of Analyse And Indicators
Good strategy = 80% Easy Money
You can text me if you need an analyste or a Profitable analyse
Nifty PharmaIndex is looking very strong. It has already started its Wave 5 journey and soon it may hit 15K levels. Going forward if we get extension it may even touch 19000-20000 levels.
Cup and handle on Nifty PharmaCup and handle on Nifty Pharma expecting a Retest on 13480 after on a good upmove expected..... just an analysis only..
Cup and handle on Nifty PharmaCup and handle on Nifty pharma expecting retest on 13480 and strong upmove after that.....
Just an analysis only
#NiftyPharma Long?It is make or break at this point, I am obviously bullish and excited to see what happens next!
