📊The Pharma sector has outperformed the Nifty and is expected to perform well in 2024.
💰The PSU banking space has given a multi-year breakout, and the index target is around 9,800 levels.
🌿A stock from the fertilizer space has broken out above its 2008 level.
What is price action analysis?
—Price action analysis is a method of analyzing stocks based on their price movements, without relying on indicators.
Why is the Pharma sector performing well?
—The Pharma sector has outperformed the Nifty and is expected to perform well due to certain expectations in 2024.
What is a multi-year breakout?
—A multi-year breakout is when a stock breaks above a level that it hasn't surpassed in several years.
What is the target for the PSU banking index?
—The target for the PSU banking index is around 9,800 levels.
Why is the fertilizer stock undisclosed in the video?
—The fertilizer stock is undisclosed in the video, but more details can be found on the website.
01:20The first stock is from the Pharma sector, which has outperformed the Nifty and has shown a multi-year breakout.
07:23The second stock is from the PSU banking space and has given a multi-year breakout. The index target is around 9,800 levels.
12:48The third stock is from the fertilizer space and has broken out above its 2008 level. More details can be found on the website.
