SUNPHARMA CURRENTLY IN FLAG PATTERN/ASCENDING TRIANGLE WHICH REFERS FOR BULLISH IF UPSIDE BREAK OUT.
IF IT'S UNABLE TO HOLD AT AT 480-483 CAN LEAD TO DOWNSIDE TILL 470.
#THIS IS FOR EDUCATION PURPOSE, NOT RESPONSIBLE IF RESULTS PROFIT OR LOSS.
IF IT'S UNABLE TO HOLD AT AT 480-483 CAN LEAD TO DOWNSIDE TILL 470.
#THIS IS FOR EDUCATION PURPOSE, NOT RESPONSIBLE IF RESULTS PROFIT OR LOSS.
Trade active:
Now, sunpharma unable to sustained at 480-483 lvl and bearish engulfing candles has been formed, seems like downside can go upto 465-466 where might have mild demand for upside.
Trade closed: target reached