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Jainam Share Consultants Pvt Ltd
Published on 12-01-2026 11:47 am
The Nifty Pharma Index is currently at a critical "make or break" spot. After hitting a high of 23,492 earlier this month, the index has dropped to 22,417, breaking below its 20-day and 50-day moving averages. This slide is mainly due to a broader market sell-off triggered by global tension, including high foreign investor selling and new worries over potential US trade tariffs on Indian goods.
Right now, the index is sitting on a major support line (the 100-day EMA and a long-term trendline). If it stays above 22,400, we might see a small relief rally. However, if it falls below that level, the next stop could be around 21,750. For things to turn bullish again, the index needs to climb back above 22,657. It’s a bit of a waiting game at the moment to see if buyers step in at these lower prices or if the global uncertainty keeps pushing things down.
Please refer disclaimer at https://jainam.in/SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Jainam Share Consultants Pvt Ltd
Published on 12-01-2026 11:46 am
Jainam Broking Limited
Intraday Kicker SELL recommendation
ABB
* Entry 4973
* Target 4872
* SL 5037
Please refer disclaimer at https://jainam.in/SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
ABB India Ltd.
5512.15
4975
Mansukh Securities & Finance Ltd
Published on 12-01-2026 11:46 am
HIGH RISK: BUY BANK NIFTY 58900 PUT JAN ABOVE 468 SL BELOW 375 TGT 495-545-598. 27 JAN
Plz refer disclaimer at www.moneysukh.comSEBI Registration number is INZ000164537
Mansukh Securities & Finance Ltd
Published on 12-01-2026 11:22 am
SELL AXIS BANK JAN FUT BELOW 1272 SL ABOVE 1285.90 TGT 1262-1248-1235. INTRADAY/ BTST TGT 1268-66. 27 JAN
Plz refer disclaimer at www.moneysukh.comSEBI Registration number is INZ000164537
Axis Bank Ltd.
1270
1271.3
Sushil finance
Published on 12-01-2026 11:22 am
JARa STRATEGy(Short Trm)
Scrip Name- INDIAN ENERGY EXCHANGE LT (540750)
CMP- 143
Bull/Bear TP- 143
Target- 158
Stop Loss- 129
Remarks- Buy (positional)
Please refer disclaimer at https://www.sushilfinance.com/Disclamier/disclaimerMember : BSE/ NSE/ MSEI. SEBI Registration No.-INZ000165135
Indian Energy Exchange Ltd.
140.85
141.51
