BREAKOUT TRADE

After nifty being weak, pharma sector is back in momentum again. With this momentum stock has given a breakout with good volumes and RSI in bullish momentum. Stock is trading at all time highs and the momentum seems to continue for few more sessions ahead.

NOTE: Key level for stock is 2540. It should sustain above this level.

SIMILAR BREAKOUT: DR. REDDY'S LAB

Disclaimer: Take this views for educational purpose. Trade on your own risk.

Happy trading. Happy Investing!