nifty pharma weekly chart STRUCTURE analysis

Diupdate
nifty pharma was weak in the previous month while when market is setting record highs, this sector is silent as of now... as per chart it must be the one who may provide strength to nifty ! in the days to come !
Catatan
all your pharma major are almost 2% up!!!!!!!!!
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zoooooooomming !
Catatan
focus sunpoharma
cipla , drreddy
biocon!
Catatan
sunpharma is good at current levels

cipla a wait and watch , lupin may consolidate
drreddy will look to fill the gap , biocon may see consolidation !
auropharma strong buying may continue
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if you think pharma had rallied , remember still cipla had not performed !!!!!!!! lot more upside in pharma to go
Catatan
lot of room still on the upper side !.. may see some consolidation here ( which is actully necessary)
Catatan
focus on cipla for the upcoming two days . .. today and tomorrow ! its silent from past few days !
Catatan
at important resistan ce on daily frame !! , wait and watch , make or break!@
Catatan
broken daily resistamnce !!!!!!!!
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dont keep profits on table !!!!! book some
Catatan
check the high made !!!!!!!!! i am not operating it !!!!!
Catatan
above weekly resistance near target 2
Catatan
sometimes buying the overbought is a better thing to do !!
Catatan
so AFTER 10211 what happened !
ALKEMBIOCONCADILAHCDRREDDYGRANULESLUPINParallel ChannelPELPHARMASUNPHARMASupport and ResistanceTrend Analysis

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