MOST OF THE PHARMA COMPANIES ARE SIGNALLING BUY AND THE RESULTS ARE ALSO SEEMS TO BE GOOD.
THE PHARMA NIFTY HAS H&S FORMATION WITH NECK LINE AT 7777.
AND, THERE IS A CUP & HANDLE FORMATION WITH NECK LINE AT 8352.
FOR INDEX TO MOVE UP, THE RESISTANCE AT 8062 HAS TO BE CROSSED.
FROM THE CHARTS 8160 SEEMS TO BE THE NEXT TARGET.
THE PHARMA NIFTY HAS H&S FORMATION WITH NECK LINE AT 7777.
AND, THERE IS A CUP & HANDLE FORMATION WITH NECK LINE AT 8352.
FOR INDEX TO MOVE UP, THE RESISTANCE AT 8062 HAS TO BE CROSSED.
FROM THE CHARTS 8160 SEEMS TO BE THE NEXT TARGET.