With potential developments towards the resolution of global tariffs and pharma being defensive in general, MRK price action seems to exhibit signs of a potential Bullish reversal breakout as the price action may form a prominent Higher High with multiple confluences through key Fibonacci and Support levels which presents us with a potential Non-Leverage hold opportunity.
Entry: (Buy 1 CMP 76.2 & Buy 2 87.6)
Stop Loss: 45 or 0 (depends on trading style as Non-Leverage Buy & Hold is recommended)
Potential Range for Targets: 130 - 170
Entry: (Buy 1 CMP 76.2 & Buy 2 87.6)
Stop Loss: 45 or 0 (depends on trading style as Non-Leverage Buy & Hold is recommended)
Potential Range for Targets: 130 - 170
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