In my previous post on SunPharma I presented a view.
It didn't go as per expectations but gave a much later at 591. Those who shorted there must be sitting in profit at present.
The stock has been observed to be bouncing inside an . I expect it would once again take support at 560-565 levels and bounce back to the upper to hit 600-610 level.
To trade watch for setup (closing basis) at/near and go long; with a stop below the .
Hit like/comment if you think this analysis can be useful.