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NeeteshJain
Feb 23, 2017 9:01 AM

SUNPHARMA FLAG BREAKOUT (TREND CONTINUATION TRADE) Long

SUN PHARMACEUTICAL INDUSTRIESBSE

Description

It is been observed that price action breaks out from the downward consolidation flag formation and now it shall further move up to resistance levels and once it breaks above the resistance level then it shall further continue and follow the prevailing uptrend.

Target 1: 685

Target 2: 700

Stoploss: 670

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Comments
anishg86
What is the time frame for the Target of Sun Pharma reaching 700?
NeeteshJain
@anishg86, Once it achieves Target 1 or break above resistance level then it shall reach to 700 within 1-2 days of time. Regards
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