-Stock breaking down from a rising wedge.
-Converging MACD lines with bearish divergence.
-Bearish divergence on Stochastic.
-Since pharma sector is still strong, this can be paired with a long trade in a strong pharma stock like Sun Pharma or Biocon.
Not an investment advice. Do your own due diligence.
Disc: Short.
-Converging MACD lines with bearish divergence.
-Bearish divergence on Stochastic.
-Since pharma sector is still strong, this can be paired with a long trade in a strong pharma stock like Sun Pharma or Biocon.
Not an investment advice. Do your own due diligence.
Disc: Short.
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