Attached: Nifty Pharma Daily Chart as of 26th June 2023
- Today Price has triggered another Breakout closing above the Green Trendline and thus activating a Fresh Up Leg for the Pharma Sector and Stocks alike
- This is the 2nd Breakout Trigger (marked by arrow) and the 1st Breakout Trigger was the activation of the Cup & Handle Pattern for which Price is yet to meet its Pending Upside Target
- Pharma Index was also the TOP Sector Gainer today
- Technical Indicators such as RSI, MACD also confirm the same presence of a Strong Up Trend
Therefore, if you want to play LONGs in this Market then you must shift all your Focus on Pharma Stocks from here on, I have already shared one of them
PGHH in my related ideas
- Today Price has triggered another Breakout closing above the Green Trendline and thus activating a Fresh Up Leg for the Pharma Sector and Stocks alike
- This is the 2nd Breakout Trigger (marked by arrow) and the 1st Breakout Trigger was the activation of the Cup & Handle Pattern for which Price is yet to meet its Pending Upside Target
- Pharma Index was also the TOP Sector Gainer today
- Technical Indicators such as RSI, MACD also confirm the same presence of a Strong Up Trend
Therefore, if you want to play LONGs in this Market then you must shift all your Focus on Pharma Stocks from here on, I have already shared one of them
PGHH in my related ideas
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.