ChakravarthyBatna

SUN PHARMA TRIANGLE PATTERN :)

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Date: 20/06/2021.

PROS: 1. stock has a very good triangular pattern ,if it's breakout it will move further.
2. on 18th friday it forms a good bullish hammers represents buyers are in control.
3.the hammer forms at near 50 EMA and at support.
4. BUY SELL TARGET is your own trading style

CONS: 1.if its breakdown then it will move down more .
2. wait for the confirmation candle

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