Raymond Ltd. - Short Term Trading View

RAYMOND – CMP - 833 Raymond was a stock in uptrend before it was beaten down with many of the likes of it which were in continuous uptrend and ‘buy in dips’ category. It looks that in the wake of recent market highs, many stocks are coming out of that ‘mini bear market’ and the stocks which were earstwhile in the mentioned continuous uptrend and ‘buy on dips’ category; are likely to perform very well now onwards. The question was of entry,...

Strides Pharma - Short Term Trading - Indian Stock Markets l Indian Pharma Stocks

Strides Pharma – 480 As we posted our views in our last post about the stock price moves effected due to currency depreciation as well as technical reasons of being defensive relating to IT and pharma. IT story was more about valuations and while the pharma was lagging behind. It has also started performing after continuous declines of many quarters. It has not started showing expected profits but the technical + news factor set up are clearly...

Short Term Trading View- Lupin & Pharma Stocks - Very Brief Idea

Lupin Ltd.CMP -880 As you can see, the pharma stocks are presently in a short term uptrend after a continuous decline since many years as well as having witnessed 6 months of market sluggishness in FH 2018. We are seeing good rise in pharma stocks as a defensive play in the present market environment where only few index stocks have risen and taken market to new highs. The IT and Pharma are witnessing special short term trading momentum also...