indiamarketoutlook
Long

Sun Pharma: Looking better

NSE:SUNPHARMA   SUN PHARMACEUTICAL
Sun Pharma            

Last time when stock was at 482, we were not very confident for a big move past 505.

https://in.tradingview.com/chart/SUNPHARMA/AvACNd4p-Sun-Pharma-Long-term-and-short-term-view/

The stock made a high of 509, came down till 466 and is now back at 483 levels. How ever this time the chart looks much better.
After the stock made a low of 432 on 14-Aug-2017, the stock has now given higher top (490---499---509) :: higher bottom (432--459 --466) so far

And if 460 /466 zone is held, the stock has every chance of making higher top breaking past the blue line (around 500 levels) & head higher towards 567 / 640 zone.

Take care & safe trading...!!!



Comment: Target of 567 achieved... Stock has made a high of 572 so far
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