The best opportunities emerge when the market falls in love with a theme. Frontline Pharma stocks like Dr. Reddy, Lupin, Sun Pharma, Cipla have been on the path to nowhere but some interesting opportunities have developed in tier 2 pharma stocks.
IPCA Labs has been the leader
Divis Labs stock also broke out last year but made no significant progress since then. Now the stock is ready to move higher. It has broken out and offers an exciting opportunity at the current market price. The breakout is quite visible on the daily chart
Source: Chartalert.com
The other opportunities I have covered in recent past:
Granules at 121
Suven Pharma at 310
One stock one should look to buy on declines: Glenmark Pharma
Trade Sheet of the theme
Please do your own due diligence before trading
Suven encountered an accident with a big gap down and so that’s done and dusted.
The new breakout to keep an eye on – JB Chemicals and Pharma
Deepak Ji,
I was able to identify & took a small position in JB Chemicals opportunity before you share it. The only reason for this is your teaching and that last week consolidated breakout video played a role in taking this decision 🙂
Thank you, Deepak Bhai!!
Divis Labs – Breakout 2.0 in motion
Leadership play – IPCA Labs
Momentum Breakout and Consolidation – Granules
Glenmark @ 346 slow and steady recovery
JB Chemicals and Pharma now at 443
Suven met with a news flow accident. It’s good it has recovered but one should just exit and move on from this stock for now