Update on Pharma levels 8th December 2017
Divis Lab
Support 1010 and resistance around 1070.
Trading in range either side breakout with volume will decide further.
Glenmark Pharma
Support 530 and resistance around 550.
Break and sustain above 550 will take it to 580 – 590+ mark in days to come. Else could touch its support level of 530 again.
Looks weak only below 530.
Sun Pharma
Support 508 and resistance around 525.
Break and sustain above 525 will take it to 542 – 560+ mark in days to come. Else could touch its support level of 508 again.
Looks weak only below 508.
Dr Reddy's
Support 2180 and resistance around 2230
Break and sustain above 2230 will take it to 2280 – 2320+ mark in days to come. Else could touch its support level of 2180 again.
Looks weak only below 2180.
Lupin
Support 800 and resistance around 830.
Break and sustain above 830 will take it to 860 – 900+ mark in days to come. Else could touch its support level of 800 again.
Looks weak only below 800
Cipla
Hurlde at 606……Break and sustain above 606 will take it to 622 – 650+ mark in days to come.
Support intact at 590
Aurobindo Pharma
Support 660 and resistance around 685.
Break and sustain above 685 will take it to 710 – 725+ mark in days to come. Else could touch its support level of 660 again.
Looks weak only below 660.
Wockhardt
Hurlde at 720……Break and sustain above 720 will take it to 755 – 770+ mark in days to come.
Support intact at 685
Ajanta Pharma
Hurlde at 1408……Break and sustain above 1408 will take it to 1460 – 1500+ mark in days to come.
Support intact at 1360.
More will update soon!!!
