Friday, February 4, 2011

PHARMA STOCKS FOR INTRADAY


LUPIN : AS PER THE CHARTS ARE CONCERN WE ARE POSITIVE ON LUPIN, ABOVE 416 LEVEL WHICH IS THE IMPORTANT SUPPORT, CURRENT PRICE STANDS@429 & WE ARE EXPECTING GOOD AMOUNT OF RALLY IN INTRADAY AROUND THE LEVEL OF 435-442, MAINTAIN STOP LOSS BELOW 424.

DIVIS LAB: IS CREATING POSITIVE MOVES ON CHART, CURRENTLY IT IS TRADING @ 644 (2%+) & WE ARE MUCH POSITIVE IN NEAR TERM BASE, BUT IN TODAY'S TRADE IF IT DOES NOT SUSTAIN ABOVE THE LEVEL OF 655, THEN WE MAY SEE MINIMUM 15 TO 23 POINTS OF NEGATIVE IMPACT NEAR 621 LEVEL.