khatibmahmood

Sunpharma - Long Trade - Medium term - Price Action

Long
khatibmahmood Updated   
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Sunpharma is at very good buying zone for Med term perspective
can accumulate at 517.5 to 527 and add more if dips to 490-500 zone.
De-Risk the trade around 545 for piece of mind.
Immediate Target of 584, followed by 640 and 700.

After a good run, this is a healthy correction and price taking support at previous resistance.
Appreciate comments and Feedbacks
Comment:
what a move, from the demand zone.. right at our de-risk zone.
now the price will move for targets, sooner than expected

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