Sun Pharma Adv - Broke Major Resistance | Positional Idea

1. Broke out of a major resistance
2. Volume expansion
3. Bullish market structure

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

About the Company:
Sun Pharma Advanced Research Company Ltd is engaged in pharmaceutical research and development.The product range of the company includes: NCE Projects- Under this the company is currently working in therapeutic areas namely anti-allergy, soft steroid, anticonvulsant and muscle relaxant.NDDS Projects- Under this the company is working on delivery system based platforms such as biodegradable implant, nanoemulsion, dry powder inhalation technology, wrap matrix controlled release systems and gastro retentive system for controlled release. The company is focused on innovating drug delivery technologies requires for treatment of cancers and psychiatric ailments.

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

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