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NIFTY PHARMA : TREND LINE BREAKOUT

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NSE:CNXPHARMA   Nifty Pharma Index
NIFTY PHARMA : TREND LINE BREAKOUT

Following are my observations

1.Nifty Pharma Broke the Trend line with good bullish candle and its for Long term view.

2.If Sustain then continue the upward movement & hinting the Bullish Flag Pattern formation else treated as failed break out.

3. RSI also showing the Strength.

Note : it's just my Analysis not any Buy or Sell recommendation.
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