CNXPHARMA set to outperform nifty 15%

2 Oca

• Pharma hasn't participated in the recent NIFTY rally
  
• Pharma has started to breakout of the key levels
  
• Pharma next target is the marked key weekly level in yellow, around 15% higher.
  
• Keep the pharma longs. If you want hedge, short the nifty equal size.