Among the bouquet of pharmaceutical stocks, one stock that stands out is Lupin. The stock is up by 15 per cent month-to-date and it is trading above its important moving average.

One of the largest generic pharmaceutical companies by revenue globally, Lupin Limited is poised for a technical breakout on the daily chart. Read onto know what the momentum indicators and volumes are suggesting about the stock.

This upside breakout is also accompanied by a robust move on the chart of relative strength comparison with the benchmark indices, Nifty and Nifty 500.

On Tuesday, the stock of Maruti Suzuki India Limited gained nearly 5 per cent. On the technical chart, the stock had formed a notable bullish pattern. Read onto know what the technical chart indicators are suggesting about the stock. 

The momentum indicators and oscillators are also supporting the bearish chart formation. The RSI and stochastic have given a bearish crossover on the daily chart, which is a bearish sign.

The stock of JSW Steel Limited has witnessed over 49 per cent upside from the low of Rs 428.50, which was registered on March 25, 2021.

On Thursday, the stock of Happiest Minds Technologies Limited had surged over 10 per cent after the breakout of bullish continuation pattern. Read onto know what the technical chart and momentum indicators suggest about the stock.

On Thursday, the stock of Lincoln Pharmaceuticals Limited had gained over 5 per cent. Read onto know what the technical chart suggests about the stock. 

SGX Nifty is Nifty Futures contract, which trades on Singapore Stock Exchange. It starts trading early morning, approximately 3 hours before the Indian market, and trades for 16 hours on Singapore Stock Exchange while in comparison, Nifty trades for 6 hours & 15 minutes in the Indian Stock exchange, i.e. on NSE & BSE.

Why is the bearish engulfing pattern considered the most prominent reversal candlestick pattern? Read onto know more about the psychology behind this.