SUN PHARMACEUTICAL IND L
Short
Updated

SUNPHARMA, Rising Wedge Rejection, 600 within this week

SunPharma after consolidating in the range 630-640 broke its last 3 day lows, which shows clear rejection from 650 odd levels, the price is now returning towards the lower trendline which maybe around 560.
Trade active
More weakness to follow as Sunpharma broke 200 DMA in 15 minutes time frame.
Trade closed: target reached

Disclaimer