ArjitGarg

Sunpharma Analysis

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Here's an amazing multi year breakout that came across my screen today!
Let's dive into the details-
CMP is roughly around 1300.

There are 2 ways we can look at this trade-
1) Short Term:
Target- 1350
Stoploss- 1255

2) Medium to Long Term:
Target range: 1450-1500
Stoploss- 1203

However, please make sure to strictly follow the Target range and the stoploss amidst this overbought market.
Let me know what you think.

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