NIFTY PHARMA : TREND LINE BREAKOUT
Following are my observations
1.Nifty Pharma Broke the Trend line with good bullish candle and its for Long term view.
2.If Sustain then continue the upward movement & hinting the Bullish Flag Pattern formation else treated as failed break out.
3. RSI also showing the Strength.
Note : it's just my Analysis not any Buy or Sell recommendation.
Following are my observations
1.Nifty Pharma Broke the Trend line with good bullish candle and its for Long term view.
2.If Sustain then continue the upward movement & hinting the Bullish Flag Pattern formation else treated as failed break out.
3. RSI also showing the Strength.
Note : it's just my Analysis not any Buy or Sell recommendation.