Monday, May 26, 2014

Pfizer and Astrazeneca Deal



   Today the pharma giant Pfizer has said that the deal with Astrazeneca is dead.It made a
walk out from this deal.Will this decision made by Pfizer affect its stock price in Indian
stock market.Definetely No.Because Pfizer is trading with dull movements from its recent low from Rs 1173 to Rs 1209 today.It is not able to reach the earlier one
month-high of Rs 1328.
  Whenver an action is found in pharma stocks at Dalal street, there is no much of price movements found in this stock.We recommend only if this stock shows a momentum enter,otherwise resist to look at this stock and choose alternate pharma stock. For intraday free trading tips please visit our official website
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