Thursday, May 10, 2018

PHARMA SECTOR UNDERGOING BEAR PHASE AND MOVING TOWARDS UNDER OWNERSHIP...

yES iT IS hAPPENInG FINaLLY...pHARMa SEcTOR Is GETting drOWNED IN THE rIVER oF BEAR pHASE...tODAY PHArmA IS iN A sELLINg MoDE BECAUSE USA PRESIDENT tRUMP IS AFTER PHARMA COMPANIES AND CALLED THEM mEURDEReRS FOR cHARGING EXORBITANT PRICES FROM THE AMERICAN PEOPLE...sO FOR THAT REASon phARMA secTOR Is CORRECting..

SO THE FEAR IS ALL OUT IN THE STOCK MARKET AND PEOPLE ARE LEAVING NO OPPORTUNITY TO SELL THEIR POSITIONS IN PHARMA SECTOR...AND SO THE SECTOR IS MOVING TOWARDS UNDER OWNERSHIP...I MEAN NO ONE WANTS TO BE INVESTED IN THE PHARMA SECTOR AND WANTS TO JUST GET OUT OF THE STOCK MARKET...SO SOONER ONLY WE MIGHT SEE THE FRANTIC SELLING IN THE SECTOR AND NEW LIFETIME LOWS...

PRESENTLY IT LOOKS LIKE WE ARE MOVING FROM OVER OWNERSHIP IN 2015 WHEN PHARMA SECTOR WAS AT LIFE TIME PEAKS... TO UNDER OWNERSHIP WHICH MIGHT PLAY OUT BY 2018 OR 2019...OR WORSE COME TO WORSE BY 2020...BUT THE SECTOR WILL BE IN BEAR PHASE TILL 2024 ATLEAST AND WILL BE RELIANCE INDUSTRIES TYPE CORRECTION OF 9 YEARS IN A TRADING RANGE....

AS PER ELLIOT WAVE THEORY THE LAST LEG OF CAPITULATION... SELLING CLIMAX ...IE...THE 5TH WAVE LOOKS LIKE IN PROGRESS PRESNTLY AND THE CURRENT DOWNSIDE TREND WILL START MAKING LIFETIME LOWS MOST PROBABLY IN THE NEAR FUTURE TILL AUGUST 2018...BUT ALWAYS KEEP IN MIND THAT NO ONE IN THE WORLD HAS EVER BEEN ABLE TO PREDICT THE BOTTOM IN A BEAR PHASE...SO DO YOU STUDY THOROUGHLY AND THEREAFTER INVEST FOR LONG TERM...SIP MONTHLY IN PHARMA SECTOR CAN BE GOOD WAY TO INVEST FROM HERE ONWARDS FOR LONG TERM BASIS...IT IS BETTER TO AVERAGE AT THE BOTTOM OF A BEAR PHASE RATHER THAN AVERAGE AT THE PEAK OF THE CYCLE...

BUT THE CURRENT BEAR PHASE WILL SURELY GIVE A LIFE TIME OPPORTUNITY TO INVEST AT LOWER LEVELS WHERE THE RISK REWARD RATIO WILL BE FAVOURABLE TOWARDS THE REWARD SIDE FOR LONG TERM INVESTING ONLY...

NOTE: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND ABOVE ARE MY PERSONNAL OPINIONS AND NO RECOMMENDATIONS TO BUY OR SELL....

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