hi,
Regarding the news there are many,few of them,
1.they are acquiring a pharma co. in London.
2.Pfizer is interested to take over.
but no concrete news,the best thing to trade with technicals if clarity in techs is there other wise in spreading the rumors operator are expert.
GBU
Regarding the news there are many,few of them,
1.they are acquiring a pharma co. in London.
2.Pfizer is interested to take over.
but no concrete news,the best thing to trade with technicals if clarity in techs is there other wise in spreading the rumors operator are expert.
GBU
If you remember, this has happend with Piramal health care too last year. The price sky rocketed from 200s to 500s and it never came down from that level. This happened with Patni also.
So these technicals will be helpful to investors. But for short term traders, the price trading in a range is a killer.