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Pharma space back in the action

NSE:CNXPHARMA   Nifty Pharma Index
The pharmaceutical sector is once again showing signs of activity, thanks to a consolidation breakout in the Nifty Pharma Index. The index found support around the 14,500 mark, where multiple previous lows are clearly evident. Furthermore, RSI is poised for a potential breakout from a descending channel. This situation appears promising for a potential continuation of the upward trend in the pharmaceutical sector.

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