dhnwealth

Trend Line Break Out - Sun Pharma

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Sun Pharma has given trendline breakout with rising volume at 657. Also Stock has formed higher bottom around 623 and made hight top around 657. So technically its double breakout.

One can initiate long position around 665-668 with stop loss of 623 (closing basis) for target of 731 in coming 6-8 weeks.

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.