Technical Analysis of Indian Equities by Nooresh

Pharma Stocks Near Breakouts–Dr Reddys, Aurobindo Pharma , Lupin , STAR

The Pharma Sector is interestingly placed with some stocks like Sun Pharma and Cipla near the lows of last couple of years and some other names nearing the highs of last couple of years.

Can be a breakout trade in some with quick upsides of 10-15%

Please do your own research and risk management


STAR – Triangle breakout today. Can it breakout above the 500-520 resistance and change the long term trend.

Auro Pharma Blog

Aurobindo Pharma – On verge of a short term breakout above 810-820. Its not far from its all time highs at 890. Can be a massive move if it breaks out.

Dr Reddys Blog

Dr Reddys  – Breaks recent highs above 2660-2680 and on verge of a 1-2 year breakout. Can it head to 3000-3300.


Lupin – A triangle breakout done. Can it head up to 950 ? And break that in the future.

Disclosure – Have recommendations in some of the stocks.


Planning a Technical Analysis Training Session in Pune and Bangalore in January – If interested please mail


Technical Analysis Training Mumbai

1st and 2nd December 2018

9.30 am to 6 pm

Venue :

Hotel Karl Residency

36, Lallubhai Park Road
Andheri (W), Mumbai, 400058
Maharashtra – (India)


Rs 16520 ( 14000 + 9% CGST and 9% SGST ) ( No Discounts )

Registration and Payment Link

Course Content and other details –

Article by Nooresh Merani

Nooresh has written 2745 articles.

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