Important levels of Pharma Sector
Divis Lab – (CMP 868)
Support at 854 and Resistance at 895
Break and sustain above the resistance
of 895 will take it to 930 – 935+ mark in days to come. Gets
positionally weak only if it breaks and sustains its crucial support of 854.
Glenmark Pharma –
(CMP 606)
Support at 595 and Resistance at 615
Break and sustain above the resistance
of 615 will take it to 635 - 640+ mark in days to come. Gets
positionally weak only if it breaks and sustains its crucial support of 595.
Sun Pharma – (CMP 527)
Support at 500 and Resistance at 550
Break and sustain above the resistance
of 550 will take it to 580 – 590+ mark in days to come. Gets
positionally weak only if it breaks and sustains its crucial support of 500.
Dr Reddy – (CMP 2374)
Support at 2350 and Resistance at 2430
Break and sustain above the resistance
of 2430 will take it to 2470 – 2500+ mark in days to come. Gets
positionally weak only if it breaks and sustains its crucial support of 2350.
Lupin – (CMP 1009)
Support at 940 and Resistance at 1075
Overall trend is looking positive but the stock is due for correction. Traders
can buy in panic around 980 – 960 with major support and stop loss below 940.
Above the resistance of 1075 stock will show more upside move till 1110 – 1130.
Cipla – (CMP 598)
Support at 585 and Resistance at 605
Break and sustain above the resistance
of 605 will take it to 620 - 625+ mark in days to come. Gets
positionally weak only if it breaks and sustains its crucial support of 585.
Aurobindo Pharma – (CMP 744)
Support at 740 and Resistance at 770
Break and sustain above the resistance
of 770 will take it to 790 - 800+ mark in days to come. Gets
positionally weak only if it breaks and sustains its crucial support of 740.
More will update soon!!!
