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Page 2 - Nifty Pharma

Guide to trade in Nifty Pharma, FMCG indices; check what charts suggest

According to Ravi Nathani, an independent technical analyst, the Nifty Pharma index is quoting close to its ley support at 18,325; hence one may consider a buy on dip strategy here.

Guide to trade in Nifty Pharma, FMCG indices; check what charts suggest
Updated On : 22 Apr 2024 | 6:34 AM IST

Nifty Energy, Pharma: In a downtrend; look to sell on rally, hint charts

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index can be sold with a stop at 40,320.

Nifty Energy, Pharma: In a downtrend; look to sell on rally, hint charts
Updated On : 05 Apr 2024 | 6:27 AM IST

Analysts favour defensive bets as hedge against equity market downturn

From defensives, Nifty Pharma index has led gains so far in calendar year 2024 with a surge of 11 per cent, followed by Nifty IT, which is up 4 per cent while Nifty FMCG has shed 6 per cent

Analysts favour defensive bets as hedge against equity market downturn
Updated On : 15 Mar 2024 | 10:20 AM IST

Near-term weakness likely for Nifty Pharma, Energy: Check trading strategy

Technical indicators such as RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are both displaying a downtrend on charts for Nifty Pharma

Near-term weakness likely for Nifty Pharma, Energy: Check trading strategy
Updated On : 15 Mar 2024 | 7:28 AM IST

Nifty Energy: Look for opportunities to sell on rise; Pharma seems sideways

On the upside, the Nifty Energy index is likely to face resistance around 39,650, says Ravi Nathani, an independent technical analyst.

Nifty Energy: Look for opportunities to sell on rise; Pharma seems sideways
Updated On : 22 Feb 2024 | 6:36 AM IST

Nifty Energy to face stiff resistance at 40,000; Pharma seems range-bound

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is trading in overbought zone, hence some reversal can be anticipated.

Nifty Energy to face stiff resistance at 40,000; Pharma seems range-bound
Updated On : 16 Feb 2024 | 6:33 AM IST

Nifty Energy, Pharma: Trading strategies for indices in overbought zone

A trade below 37,968 could prompt a stop-loss trigger for bullish positions on the Nifty Energy index, says Ravi Nathani, an independent technical analyst.

Nifty Energy, Pharma: Trading strategies for indices in overbought zone
Updated On : 08 Feb 2024 | 6:38 AM IST

Downtrend on charts for Nifty FMCG, Nifty Pharma: Check key levels

The Nifty FMCG Index reveals a near-term downtrend on charts, with a support level expected around 53,725

Downtrend on charts for Nifty FMCG, Nifty Pharma: Check key levels
Updated On : 02 Feb 2024 | 8:14 AM IST

Nifty Pharma, Nifty Energy eyeing correction on charts: Check key levels

Technical indicators for Nifty Pharma are aligning with the bearish sentiment as the RSI has declined to 59, signaling a potential downtrend, as per Ravi Nathani

Nifty Pharma, Nifty Energy eyeing correction on charts: Check key levels
Updated On : 18 Jan 2024 | 7:45 AM IST

Nifty Energy, Pharma reaching near resistance levels; Check how to trade

Resistance for Nifty Energy index is anticipated around 34,000 and 34,300, signifying potential areas where selling pressure may intensify, as per Ravi Nathani

Nifty Energy, Pharma reaching near resistance levels; Check how to trade
Updated On : 04 Jan 2024 | 7:46 AM IST

Nifty Metal weak on charts, Nifty Pharma rangebound: How to trade them?

Only a decisive close above 7,616 in Nifty Metal would indicate a potential reversal, opening the door for further upward movement with the next target at 7,740, says Ravi Nathani

Nifty Metal weak on charts, Nifty Pharma rangebound: How to trade them?
Updated On : 22 Dec 2023 | 7:22 AM IST

Nifty Metal eyes consolidation, Nifty Pharma trades with negative bias

The advised strategy for the Nifty Metal index is to buy near support levels and sell near resistance

Nifty Metal eyes consolidation, Nifty Pharma trades with negative bias
Updated On : 14 Dec 2023 | 7:53 AM IST

Nifty Metal in overbought zone, Nifty Pharma could see minor correction

Anticipated resistance on charts is around 7,675 for Nifty Metal; the consolidation range for pharma index is between 16,470 and 16,030

Nifty Metal in overbought zone, Nifty Pharma could see minor correction
Updated On : 07 Dec 2023 | 7:42 AM IST

Nifty Metal, Nifty Pharma: 'Sell on rise' as charts suggest likely pullback

Technical indicators such as RSI and Stochastic are currently situated in the overbought zone for the Nifty Pharma index, said Ravi Nathani

Nifty Metal, Nifty Pharma: 'Sell on rise' as charts suggest likely pullback
Updated On : 23 Nov 2023 | 8:06 AM IST

Time to book profit in Nifty Pharma; Auto index remains bullish

According to Ravi Nathani, an independent technical analyst, stiff resistance for the Nifty Pharma index is anticipated at 15,600 level.

Time to book profit in Nifty Pharma; Auto index remains bullish
Updated On : 09 Nov 2023 | 6:27 AM IST

Nifty Pharma index needs to breakout above 14,900 for a bullish move

According to Ravi Nathani, an independent technical analyst, the select momentum oscillators on the Nifty IT index have reached oversold zone, thus suggesting a potential rebound in the near term.

Nifty Pharma index needs to breakout above 14,900 for a bullish move
Updated On : 03 Nov 2023 | 6:28 AM IST

Cipla Q2 net profit seen rising 25% YoY; US sales may drop QoQ to $215 mn

Cipla Q2FY24 result preview: On a sequential basis (QoQ), Cipla's net profit is seen declining 1.1 per cent, while revenue may grow 2.2 per cent

Cipla Q2 net profit seen rising 25% YoY; US sales may drop QoQ to $215 mn
Updated On : 26 Oct 2023 | 2:59 PM IST

Trading strategies for Nifty Auto, Pharma indices; check key levels here

The Nifty Auto index is exhibiting a bullish trajectory, and can be bought with a stop at 16,436, sugges3ts Ravi Nathani, an independent technical analyst.

Trading strategies for Nifty Auto, Pharma indices; check key levels here
Updated On : 19 Oct 2023 | 6:26 AM IST

Nifty Pharma, Metal: Key levels to watch out on these range-bound indices

According to Ravi Nathani, an independent technical analyst, Nifty Pharma index is oscillating between 15,450 and 15,000; whereas, the Metal index is moving in a range of 6,900 to 6,600.

Nifty Pharma, Metal: Key levels to watch out on these range-bound indices
Updated On : 12 Oct 2023 | 6:35 AM IST

Nifty Pharma, Nifty Auto: Check these key levels for your trading strategy

The prevailing bias suggests a positive outlook, emphasizing a buy-on-dips strategy for Nifty Auto and its components, said Ravi Nathani

Nifty Pharma, Nifty Auto: Check these key levels for your trading strategy
Updated On : 06 Oct 2023 | 6:45 AM IST