Long target 731,760 Sl 618 Sunpharma 750CE 2 target 20
H & S on charts sell for target of 607.80 to retest the low made on 22/12/16 with stop loss @617.80
Looks like up direction in coming weeks.
Next major move can only be determined after a valid breakout
WHO TRADE THIS FALL IN LOVE WITH SUNPHARMA
Sun Pharma after a zig zag correction.....made a higher low....Buy with a tgt of 900
The Break of 760 Could lead to 775 - 780 Levels 1. The company has decided to buy back a bunch of shares @ Rs.900 per share.
We always have kept a soft corner for Pharma sector in India. To outperform broader market indices with quality portfolio, one must have banks and Pharmaceutical companies in it. The word 'Quality' is very important here. We are not talking about loading up the portfolio with junk companies which can go 5 to 500 in a week and come crashing back the next day. ...
Even though SunPharma has been falling like a bag of rocks in the past many days, technically , it does look like it could recover and cross 900. But this will not happen in a day or two, 3-4 weeks
Does it look like Andre'w pitchfork ? If it is, then it has huge upside.