Friday, August 4, 2023

NIFTYHEALTHCAREINDEX vs That Index Strong Stocks Ratio Charts..

Last Week Sector and Index Ratio Chart we see Pharma Sector Look Very Strong.
So today we check Broader way NIFTYHEALTHCAREINDEX vs NIFTY 
And
45 Sector Stocks, We find 17 Stocks are Look Strong.
Here That 17 Stocks vs  NIFTYHEALTHCAREINDEX
( Ratio is Show Strongest or Weakest again pair Index or Stock. So some time pair Index or stock fall and 1st index or stock may less fall or not fall or Rise.) 
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NIFTYHEALTHCAREINDEX / NIFTY
We see that this sector is going Strong and 21-34 Week EMA positive cross over is also there.
We see that last 2 years falling trend break on upside and cross last one Year falling swing also.
So we expecting that this index stocks is more rewardable in coming weeks. 

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Ajantpharma / HelathcareIndex.
We see that cross last 3 weekly swing with sharp rise. So expecting strong 
Up move in coming days.

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APLLTD / HealthcareIndex
We see that 1st time in last 2 years cross previous swing high with less time. 
And 21-34 Weekly positive cross over also there. So expect Strong Up move in coming Weeks.

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Auorpharma / HealthCareIndex
We see that this stock is also sharp rise and break 2021 consolidation zone with sharp rise. 
So this is also looks good for some weeks.

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Cipla / HealthCareIndex
As per this chart we see near 61.8% of last swing and at that level made double bottom and then sharp rise similar like fall, so above midleg of 2 bottom  "W" pattern active. So more Upside in coming days. 

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Drreddy vs HealthCareIndex
We see that Jan-2023 break Triangle Pattern and move up and then again test rising channel and start up side Journey again, So look Strong for Coming Weeks. 
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ERIS / HealthCareIndex
As per this chart we see that pattern repeat and again may touch Resistance line.

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FDC / HealthCareIndex
We see is trade in Rising Wedge and this is 3rd time so may cross Resistance Trend line and start Up move in coming Weeks.

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Some more same peer stocks and same index.
One can write name and view above this as self study.
or write mail me for same
Email Id:- vipuldamani@gmail.com  











 

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