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Thursday, November 2, 2017

Review of Important Pharma levels....





Divis Lab

Divis Lab skyrocketed and hit 1117. We clearly indicated looks positive above 895.00

Now what to expect?

Support 1000 and resistance around 1120.
Break and sustain above 1120 will take it to 1200—1220 and then to 1280++ mark in days to come. Else could touch its support level of 1000 again. 

Looks weak only below 1000.



Glenmark Pharma


On daily chart Glenmark given fresh breakout of symmetrical triangle and hit 653.00. Above 615 our target was 635—640.
Now what to expect?
Support 620 and resistance around 650.
Break and sustain above 650 will take it to 680 – 690+ mark in days to come. Else could touch its support level of 620 again. 

Looks weak only below 620.



Sun Pharma


We clearly indicated that trend looks positive above 550, it flared and made a high of 570.


Our initial target of 580 – 590 is still intact.

For more updates get your copy of our special report in sun pharma.


Dr Reddy


We clearly indicated that trend looks positive above 2430, it flared and made a high of 2504.


Now what to expect?
Support 2350 and resistance around 2505
Break and sustain above 2505 will take it to 2600 – 2650+ mark in days to come. Else could touch its support level of 2350 again. 

Looks weak only below 2350.



Lupin


In our previous update on pharma ….We clearly indicated to buy in panic around 980, came down till 990 and started showing positive momentum and made a high of 1063.

Now what to expect??

Support 940 and resistance around 1075.
Break and sustain above 1075 will take it to 1110 – 1130+ mark in days to come. Else could touch its support level of 940 again. 

Looks weak only below 940



Cipla


Cipla holding long from 605 mark…..just made high of 639.00
Now what to expect?
Hurlde at 640……Break and sustain above 640 will take it to 660 – 680+ mark in days to come.
Support intact at 62.00



Aurobindo Pharma


We clearly indicated that trend looks positive above 770, it skyrockted and made a high of 797.


Now what to expect?
Support 770 and resistance around 800.
Break and sustain above 800 will take it to 840 – 850+ mark in days to come. Else could touch its support level of 770 again. 

Looks weak only below 770.








More will update soon!!!