Nifty Pharma Index
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Expect Good Move up

Pharma sector was in down trend for Quite long period , but some how its showing sign of reversal and it has pulled back to 88 % of its Previous start of impulse , and Many analyst consider this as hope for One more move up , another factor is it has broken the descending supply line or Trend line , BO is not that aggressive to call bullish BO due to its long standing bearish sentiment is not attracting fresh buy form Market
Look for strong Fundamental scrip in Pharma , Hold only in Cash with limited investment since last year we saw major Gap downs , its not advised for financially weak traders ,
Good Luck
Trend Analysis

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