Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs. NEW DELHI: The Nifty Pharma index traded positive around 10:03AM(IST)on Thursday in an upbeat market.

For Nifty-50 index, 22,300 would act as a sacrosanct support zone. Above this level, the market could move up to 22,600-22,650. On the flip side, a drop below 22,300 would make the uptrend vulnerable,

Key stock indices Sensex and Nifty ended lower after initial gains in a volatile session on Monday, affected by selling in industr