Over the past couple of weeks, we’ve noticed strength building in the Pharmaceuticals sector. The index has bounced off its support and is now attempting to resume its prior positive trend.
This resumption has come after a substantial pause and hence we thought we’d do a quick round-up of the stocks that are looking good at the moment.
Laurus Labs was one of the major gainers in the bull rally in 2020 following which a sideways move meant that the stock was dormant for almost six months! Last week the price broke above its resistance and the momentum seems to be alluding to strength in the weeks ahead too. This is more of a target update for those looking for the next levels of overhead zones.
Laurus Labs is bullish above the level of 350 with a target near 530.
Click on chart to enlarge view.
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