SuperNova396

PHARMA SECTOR - Time to rally?

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NSE:CNXPHARMA   Nifty Pharma Index
Price Analysis & Overview:

1. Good consolidation and BO candle formation.
2. Grabbed liquidity of sellers.
3. Need prices to sustain at the higher levels for further confirmation of momentum.

MONTHLY TF VIEW:

- Breakout after 3 Indecision (doji) candles breakout on monthly.
- 20%+ minimum momentum will be expected.


- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!


Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray

Anubrata Ray
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