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anandlive

Sparc - Low Risk Setup

Long
SUN PHARMA ADV (NSE:SPARC)  
anandlive Updated   
NSE:SPARC   SUN PHARMA ADV
Trend Analysis Chart Patterns SPARC longsetup CASH investment swing
3
0
trendanalysis chartpattern sparc longsetup cash investment swing
The stock has been traveling in a wedge formation for the last two months. This time it is at the bottom. Can take a chance if bounces from here.
The setup fails if sustains below the lower trendline of the wedge for 2 days.
This is only for learning and sharing purposes. Not a piece of trading advice in any form.
All the best.
Comment:
Reached 310.
Although the stock price hit the sl initially, but finally both targets were reached today.
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