SUNPHARMA - Bouncing Back to Gap Zone
Updated
It is been observed on the daily chart that the price action is bouncing back up to fill the previous gap down levels. It shall further climb up. It is positional trade setup can go long for weeks.
Target 1- 535
Target 2- 550
Stoploss: 515
Target 1- 535
Target 2- 550
Stoploss: 515
Trade active
Trade active
Moving up steadily.Trade active
Trade active
Trade closed: target reached
Target 1 reached successfully.Trade active
Trade closed: target reached
The price action has already touched 550 levels but could not update it on time.
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