Looking at adding a buy position for price to continue this upside momentum... We are seeing nice signs all ready so the next few hours heading into London session could be a nice time to grab an entry.
Waiting for price to come back and reject my buy area of 149.700 for the confirmation to take longs! Price making some nice moves early this week so we could be in for a big one! But as always make sure you have the risk capped and you are sticking to your trading plan.
On the 1 Hour Chart of SUNPHARMA, we can see some beautiful bullish Formations of "Bullish Harami", "Hammer" as well as "Inverted Hammer" on the downside levels of the stock. Thereby, indicating a very strong bullish momentum in next trading sessions. In addition to this, the stock seems to be facing a support at the level of 746.25. As plotted and explained in...
