Tuesday, October 5, 2010

NIFTY 50 PHARMA TECHNICAL VIEW 6 OCTOBER


GLAXOSMITHKLINE

Technical View   
Glaxosmithkline is trading bullishly. The stock is looking good and if continues to sustained above the level of 2255 then upside moments may continues in the coming time.


STERLING BIOTECH


Technical View
Sterling biotech has bullish trend. The stock is having resistance level of 126. So above the resistance level of 126 the stock may continue the rally to the level of 130+ in the short run. The stock has good support level of 122.


PIRAMAL HEALTHACARE


Technical View
Piramal healthcare after took support at 497 starts moving in the uptrend. The stock has crucial support level of 520 above which if the stock price sustained then some more upside moments can be seen in the coming time.


AUROBINDO PHARMA


Technical View
Aurobindo pharma after took support at 1020 starts moving in the uptrend. The stock has immediate resistance level of 1093 above which if the stock price sustained then the rally may continue to the level of 1125+ in the coming time.


FORTIS HEALTHCARE


Technical View
Fortis healthcare after took support at 157 starts moving in the uptrend. The stock has immediate resistance level of 167 above which if the stock price sustained then the rally may continue in the coming time.

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