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
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.