Nifty Pharma Index
ลดลง

CNXPHARMA Downtrend resumption

- The index level retraced to the 20 day SMA
- Even though there is a little further to go for 61.8 % Fib level, hanging man pattern is clearly visible on the chart
- Looks like a reasonable risk/reward play on the short side considering above two factors
- Sunpharma, Auropharma, Biocon, Wockpharma etc seem like a good bet
AUROPHARMABIOCONCNXPHARMASUNPHARMAWOCKPHARMA

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