Saturday, October 9, 2010

NIFTY 50 PHARMA TECHNICAL VIEW 11 OCTOBER


AUROBINDO PHARMA

Technical View

Aurobindo pharma has bullish trend. The stock is looking good and if continues to sustained above the support level of 1100 then the upward rally may continues in the near future. The stock has immediate resistance level of 1118.

FORTIS HEALTHCARE

Technical View

Fortis healthcare rallied after took support at 157. The stock is looking good and if sustained above the support level of 167 in the short run then some more upside moments may be seen in it.

SUNPHARMA

Technical View

Sun pharma has bullish trend. The stock is now trading in the sideways trend for a while with the positive bias so a decisive move above the level of 2085 can show further upside moments in the coming time.

Dr.REDDY`S LAB

Technical View
Dr. Reddy lab`s has bullish trend. The stock made a new 52 weeks high of 1586.1 in the today`s session the stock is looking good and above the resistance level of 1586.1 the stock may continue the uptrend in the coming time.

PIRAMAL HEALTHACARE

Technical View

Piramal healthcare after took support at 497 starts moving in the uptrend. The stock has crucial support level of 513 above which if the stock price sustained then some more upside moments can be seen in the coming time.

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