Nifty Pharma Index
Panjang

Pharma breakout of consolidation

As can be seen CNXPharma has given breakout of consolidation after 4+ months. Probability of success increases if we find there is sectoral trend from index.

This will give good opportunities in pharma stocks.

Following are pharma stocks which have taken support on the weekly super-trend. These will give up swing in next quarter. List is alphabetical. . .
Abbot
syot kilat

Alkem
syot kilat

Caplin
syot kilat

Drreddy
syot kilat

Gland
syot kilat

Linclon
syot kilat


Marksans
syot kilat

Sunpharma
syot kilat



Penafian