Sun Pharma, Lupin , Dr Reddys – All setting up nicely for breakouts.

SunPharmaBlog

 

 

Sun Pharma can see some sharp spikes above 565-570 zone.

 

Lupin and Dr Reddys also set up very positively.

 

This seems to be the next sector to keep a watch on !!

16 Comments

  1. smit
    March 2, 2012

    U mean After Cement Sector…”Pharma Sector” will blast (outperform Benchmark indices)????

    Reply
    1. nooresh
      March 4, 2012

      Hi Smit,

      Thats the bet we are looking at.

      Reply
  2. GOPAL
    March 3, 2012

    SIR PLEASE POST YOUR VIEWS ON TIMKEN,DABUR,RUCHISOYA

    Reply
    1. nooresh
      March 4, 2012

      Hi Gopal,

      Timken is a good buy only below 200.

      Dabur a safe bet.

      Ruchi Soya no views

      Reply
  3. nath
    March 3, 2012

    why buy at upperend of channel

    Reply
    1. nooresh
      March 4, 2012

      Hi Nath,

      We are looking at a breakout above the channel.

      Reply
  4. jagdish
    March 4, 2012

    hello sir mere pass 500 tvs motors he 55 RS ke rate se kya karu 46 chal raha he
    1000 escorts 90 ke rate se kya karu pls advise

    Reply
    1. nooresh
      March 5, 2012

      Hi ,

      If you have not kept the stoploss.

      Average around 44-45 and 75 and exit on rise.

      Reply
  5. Kaushal
    March 4, 2012

    Hi Sir,

    What is your take on HDIL and Hindalco?

    Reply
  6. Kaushal
    March 4, 2012

    Also Sir,

    Speaking of Pharma, what is your take on Aurobindo Pharma. The stock seems fundamentally strong but has been range bound between 95+ to 120. Any breakout signs there?

    Reply
    1. nooresh
      March 5, 2012

      Hi ,

      Yes the stock is on radar on closing above 125 can give a spurt

      Reply
      1. Kaushal
        March 5, 2012

        Thank you Sir!

        Reply
  7. rishant
    March 5, 2012

    Sir,
    do you think if Dr. Reddys Lab is moving towards breakout, then one can trade in Dr. Reddy’s ADR also as I think the ADRs follow the price in Indian market.

    Pls suggest if its good at current price for trading and for investment?

    Thanks sir

    Reply
  8. Tejas
    March 7, 2012

    Taking about pharma sector what is your take on Ajanta Pharma?

    Reply
    1. nooresh
      March 9, 2012

      Hi tejas,

      That is again a possible breakout and remains a good stock but somehow too much in the news so avoiding it

      Reply
  9. Tejas
    March 10, 2012

    Thanks for your call on that.

    Reply

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