Pharma Index: Signs of a Strong Comeback

Bullish Momentum Building: The index is forming higher highs, signaling strength.

Demand Zone Breakout: A clear breakout followed by a retest and rebound from both the demand zone and the 20 EMA adds to the conviction.

Outperformance: Comparative Relative Strength (RS) highlights the Pharma Index outperforming Nifty.

Technical Indicators Align: RSI and ADX on daily and weekly charts confirm a strong bullish bias.

💡 Actionable Insight: PHARMABEES (Pharma Index ETF) offers a smart way to ride the Pharma Index's upward trajectory.