-Pharma Sector still under pressure and in a downtrend.
-Sun Pharma broke below a key long-term support of 495.
-It seems to be forming a bear flag pattern with a huge bearish engulfing candle.
-Sell off is on higher volume .
-Likely to head lower.
-Sun Pharma broke below a key long-term support of 495.
-It seems to be forming a bear flag pattern with a huge bearish engulfing candle.
-Sell off is on higher volume .
-Likely to head lower.
Trade closed: target reached