Pharma stocks perform well on Monday trading session. At NSE CNX Pharma index gain 0.87% and BSE health care index advances near about 10%.
Sun Pharmaceuticals gained near 7% on Monday trading session. The company is in good position; the company performance was good in FY 13 with gain of 45%. It is best to invest for long term in company stock.
Long term call
Buy SunPharma below 840 target 950.
Cipla was top gainer on BSE SENSEX, it was touched intraday high of Rs 394 and intraday low of Rs 385. The stock is in god performance. Currently, it is trading 9.31 percent below its 52-week high and 29.34 percent above its 52-week low.
Buy Cipla Target 410 stop loss 385.