CNXPHARMA: at FIB R 0.798. can we see some relief bounce ?

In WEEKLY Basis at FIB R 0.798.
can we see some relief bounce ?

Or
Down to FIB R 0.886 at 8117 level.

CNXPHARMA As of NOW: at 8693.85

If Bounced who leads the rally ?
Stocks to watch: LUPIN, GLAXO, GLENMARK, PEL, SUNPHARMA.
Though there are some more stock like BIOCON (not in Index).

List of Non index Pharma stock having potential to Decent Upside will be updated Later.

If Down to 8117 level, i.e 575 point from Current level.
Good opportunity to Accumulate.
Specific Series of Pharma stock Analysis will be Published in coming Days.

I have had an observation,
When In NEWS Channel, Punters, Fund Houses (Both Indian & Foreign) Shouting all together for Downside - means "They Accumulate for Bigger Run' & vice-versa.

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

LIKE / Comment /Share, If useful & enriched your knowledgee.

With Warm Regards.
DSKF16.

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CNXPHARMA Tests Strong level at 8434 level

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correction at 8423.6 level
made low 8406

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Covered 80+ point in 15 mins.
As of NOW 8500

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Covered 140+ point in 25 mins.
As of NOW 8534

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NIFTY INDEX: -0.73%
while CNXPHARMA: +0.17%

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All NIFTY Pharma Stock in GREEN.
NIFTY: -61 point (-0.65%)

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As of now +4%, after published view.