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Friday, June 30, 2017

Update on Technical levels of Pharma Sector






1. Lupin










Support at 1045 and Resistance at 1075

Break and sustain above 1075 will take it to 1110---1120 and then to 1130+ mark in days to come else could touch its support level of 1045 again.

Looks weak only below 1045.






2. Dabur









Support at 282.50 and Resistance at 293

Looks positive and could touch its resistance level of 293. Break and sustain above 293 will take it to 300---303 and then to 305+ mark in days to come else could touch its support level of 285 again.

Looks weak below 282.50





3. Glenmark










Support at 622 and Resistance 643

Looks positive and could touch its resistance of 643. Weekly close above 643 will take it to 652—655 and then to 660+ mark, else could touch its support level of 622 again.

Looks weak only if close below 622




4. Dr Reddy









Support at 2650 and Resistance at 2700

Above 2700 rally remain continue till 2750---2770 and then to 2800++ else could touch its support level of 2650 again.

Looks weak below 2650







5. Sun Pharma 







Support at 530 and Resistance at 555

Above 555 rally remain continue till 575-580 and then to 585++ else could touch its support level of 530    again.





















More will update soon!!