Resilient Sector Stock and breakout of important resistance
Rational:
1. Pharma sector is one of the resilient sector in current market fall.
2. Returning to this price level after 2 months. For the third time at this level and trying to breach the level for last 3 days.
3. Entry at the breakout of this level with SL of around 4.4%. Entry : 1370; SL: 1310; Target: Trail as per 9 EMA.
1. Pharma sector is one of the resilient sector in current market fall.
2. Returning to this price level after 2 months. For the third time at this level and trying to breach the level for last 3 days.
3. Entry at the breakout of this level with SL of around 4.4%. Entry : 1370; SL: 1310; Target: Trail as per 9 EMA.
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