Watch out this counter!!
> buyback is going to announced
>200 month EMA support near 340-350
>positive RSI divergence on weekly chart
MY OBSERVATION:
> pharma and auto stocks have positive divergence as it is oversold since couple of years. if there will be weakness in market do not short that sector for time being.
> go with market leaders in that sectors you will have good return.
> buyback is going to announced
>200 month EMA support near 340-350
>positive RSI divergence on weekly chart
MY OBSERVATION:
> pharma and auto stocks have positive divergence as it is oversold since couple of years. if there will be weakness in market do not short that sector for time being.
> go with market leaders in that sectors you will have good return.
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