Here's Fresenius Kabi weekly chart. Stock selection parameters - 1.It has a good uptrend. 2. Highest closing in the last 21 weeks. 3. Near to 52 week high @ Rs 163. 4. It is an outperformer - Since 2009, Nifty has gained 72.7% and this stock has gained 332% and lastly 5. It is above its 10 week average (corresponding to a 50 day average on the daily chart). BTW, Oncology is a branch of medicine that deals with tumors.
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