Thenali_Views

Sun Pharma - Trend Line, Wave and Ascending Triangle Breakout -

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Sun Pharma has Support and Resistance as follows:

Daily Time Frame: 369. 40 and 596.55
Weekly Time Frame: 441.00 and 567.55
Monthly Time Frame: 344.00 and 659. 40

The script has formed bullish elliote wave pattern with correction has ended.
The script has broken the weekly support level of 567.55 and also broken the trendline of the resistance.
As per the script was formed with ascending triangle pattern along with wave correction pattern.

Entry Above 575
Target - 680
SL - 490

Disclaimer: Kindly do your own analysis before executing the trade.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out