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