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Sanjay Ahuja

14th Mar · SEBI-Registered Analyst

TWO PHARMA / HEALTHCARE STOCKS THAT ARE TRADING NEAR ALL TIME HIGH TO KEEP ON YOUR WATCHLIST

Recently the stock market has seen lot of volatility wherein the Nifty50 index and the Nifty Smallcap index have corrected 12% and 20% respectively from their all time high levels. However there are some sectors that are trading at just 3-4% down from their all time high levels, and these sectors are the Pharma and Healthcare sector. Inspite of market corrections, below are two stocks that are trading near their all time high:

LUPIN
- the stock has been consolidating at the levels of Rs 1900-2200 for the last one year, however recently the stock has given and breakout and now trading at Rs 2300 levels. Technically, the stock is showing a strong upward trend.
JBCHEPHARM
- the stock touched it's previous high of Rs 2000 in Aug24 and thereafter corrected by 25%. Currently it has broken it's previous high and now trading at Rs 2100 levels. Technically, the stock is now showing a strong upward trend.

#WatchOutFor#Miscellaneous#TrendingSectors#FundamentalViews#SectorBreakouts
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