>Pharma sector update.

Hi friends,

                   I am tracking pharma sector for sometime now, Had even posted about few pharma shares ,I had written about LUPIN and GLENMARK ,Both were bearish posts about the stock.The stocks did fell and completed much more than the anticipated targets.

The waves in individual stocks looks to be nearing end or have ended.Sunpharma ,Lupin, Glenmark and DRREDDY all looks set for a good rally in some time,Best way to play them would be to have a SIP in any pharma based fund.

For traders need to find trade setups which i am sure would pop up in a while ,All in all you cannot neglect pharma anymore thats what i mean by this post ,I could be a early bird 

Expecting pharma index to get back to weekly 200 dma again in coming time even in a bearish scenario.

>Engineers India Limited

Hi,

       Interesting pattern on Engineers india lets see how its moves ,150 strong support and 160-61 stiff resistance once above that the stock can scale to 170.

>Oracle fin (OFSS)

Hi friends,

                     IT has been in correction and still no uptrending patterns have emerged in it ,OFSS is one such chart which has goot a clear wxy pattern coming up let me put the chart.

The stock looks to be in c of y which can take stock towards 3400.Lets see how stock move in coming days.

>Gail

Hi friends,

                    The structure of gail looks good for a bounce Lets see the chart.

A wxy has finished so as long as 348 holds this has potential to retest 388 lets see if the expected x wave or a new wave bounce materialises .