Sunday, September 16, 2012

CNX Pharma

CNX Pharma has formed a bearish engulfing pattern on weekly chart after a strong run up so now one should become cautious in longs in pharma stocks.
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3 comments:

  1. manojagSeptember 17, 2012 at 8:59 AM

    Renu,
    Your analysis is superb.
    Nifty seems to have given a triangular break out in weekly charts.What are your thoughts.
    regards

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  2. UnknownSeptember 17, 2012 at 1:06 PM

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  3. RenuSeptember 18, 2012 at 8:37 AM

    Hi manoj,

    Thanks for words of encouragement and you are right nifty has given a triangular breakout and till now it seems going great.

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