Good pattern.
✅Stock is trading inside a channel
✅Stock is in an uptrend.
✅Picking good volumes on the way up.
✅Trading above key DMAs.
✅Group movement in the pharma healthcare sector.
CMP: 683.
One can accumulate from CMP or watch for a breakout of the channel. Understand the risk involved. The market moving up today very well could be a trap, to lure the retail investors.
This view is just for educational purposes and please do your due diligence before investing.
#tradingmarket #niftytoday #healthcare
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