Live Markets »News & Advice»Latest Advice»Latest Advice Details
Latest Advice Details
Back

Intraday trading ideas for pharma stocks

Ravi Nathani/Mumbai 10 Oct 13 | 08:46 AM

Below mentioned are the Intraday Trading Levels along with Near Term Trading Strategies for today:
  
S&P CNX NIFTY CMP 6007.45
Index is expected for a small rally on charts, whereas resistance is expected around 6060 & 6150. Best trading startegy for traders would be buy on dips.
Intraday trading Levels Buy Above:  6040 Resistance 6060, 6093, 6146 Sell Below: 5975 Support 5955, 5922, 5869
  
CADILAHC CMP 674.95
Near term trend is down on charts, whereas best trading strategy would be sell on rise.
Intraday trading Levels Buy Above:  683 Resistance 688, 696, 709 Sell Below: 667 Support 662, 654, 641
  
SUNPHARMA CMP 645.35
Trend is up on charts, best trading strategy would be buy on dips.
Intraday trading Levels Buy Above:  655 Resistance 661, 670, 686 Sell Below: 636 Support 630, 620, 605
  
DRREDDY CMP 2404.40
Range bound on charts (2450-2361), trade above/below would add trigger in the direction.
Intraday trading Levels Buy Above:  2419 Resistance 2429, 2444, 2468 Sell Below: 2389 Support 2380, 2365, 2341
  
WOCKPHARMA CMP 505.30
Near term trend is down on charts, best trading strategy would be buy on dips.
Intraday trading Levels Buy Above:  514 Resistance 519, 528, 542 Sell Below: 497 Support 491, 483, 469
  
LUPIN CMP 915
Trend is up on charts, best trading strategy would be buy on dips, whereas next resistance on charts is expected around 940-950.
Intraday trading Levels Buy Above:  922 Resistance 927, 934, 947 Sell Below: 907 Support 902, 895, 882
  

  
Disclaimer: I don't have investment exposure in any of the above mentioned stocks / Index Fut/Options.  

Related Stories

    No Related Stories Found

Sensex

Company Price Gain (%)
Tata Motors422.202.68
Wipro586.302.52
ICICI Bank1,247.952.10
Tata Power Co.82.801.53
Hero Motocorp2,199.001.43

Poll

Will TCS outperform Infosys in terms of profit growth in Q4?


Online Portfolio

You can create Online Portfolio here using the below button.