CNXPHARMA (PHARMA INDEX-NSE) Analysis For December 08, 2021

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CNXPHARMA (PHARMA INDEX-NSE) has completed a Trianlge pattern and shown a reversal from the bottom. Currently it is being consolidating in the narrow range. Wait for it to break 13280 for up trend. Important resistences are 13314 & 13340. Failing this will continue downward movement and one can enter sell below 13210. Important supports are 13165 & 13130.

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Buy side target hit!
Candlestick AnalysisFibonaccinsenseindiaSupport and Resistance

Bharat Pandya @Prospire
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