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manuvsingh

SUNPHARMA | Near 7Yr Resistance| Rocket Abv 1080 | 70% Upside

Long
SUN PHARMACEUTICAL (NSE:SUNPHARMA)  
manuvsingh Updated   
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Triangle Parallel Channel Support and Resistance chaukhambha_charts sunpharmalong pharmaindex parallelchanel Ascending Triangle exponentialmovingaverages weeklycharts CNXPHARMA rsidivergence
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triangle parallelchannel supportandresistance chaukhambha_charts sunpharmalong pharmaindex parallelchanel ascendingtriangle exponentialmovingaverages weeklycharts cnxpharma rsidivergence
SUNPHARMA

7 month Consolidation between 800 - 940 & recently Breakout from Ascending Triangle
Price approaching 7 Year Resistance zone of 1070 - 1080.
Breakout above the resistance zone will make Sunpharma a Rocket.

Short Term Target : 1070
Long Term Target : 1542 - 1831
Upside : 50%-70%
SL : 880

Rising in Channel since March 2020 and Taking support from 20 & 50 Week EMA
RSI is consistently in Bullish Zone


Trade active:
Short Term Target 1070 was achieved on 2nd Nov.
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