Formed a hammer on high volume, could be good for 5-10% if 300 holds. Risk Sensibly!!
Pharma index is at an important level, risk reward for long is favourable.
Good risk reward setup for testing of previous highs
Classic channel consolidation, anticipatory longs can be added for 5% move.
This could be one of the major bet prior to BJP triumph in 2019. High tops and High bottoms classic uptrend.
Good breakout , if DOW supports overnight this can give couple of percentage points in tomorrows session. Respect RISK !!
Good breakout on volumes which was respected for multiple sessions. High probability set up for 250. Stop @ 230
A good risk reward long post consolidation in a range.
Auropharma has been in a range for quite sometime, good candidate to anticipate a breakout on the upside in coming time. AURO DEC 800 CE good way to play.
USD/INR post good correction is ripe for a pullback till 71.5, which can be a good entry point for shorts.
