Most Pharma names have been correcting sharply after disappointing results. However, one large pharma name that is making new all time highs is Torrent Pharma. However, the volumes continue to shrink on the right side of the pattern. Lets see if we can get a move with volumes
Discl: Invested as a trading bet.
Have booked profits in Naukri. Here is the updated chart showing a very clean move from Breakout. Nothing wrong even here but the first targets were done and I had a positiong in F&O so sold into strength.
Had posted earlier on Airtel at 540 odd and then again on this thread.
I got stopped out when it fell below 610. But re-entered at 630-635 levels. Still going strong and into new highs