SUNPHARMA bullish with tgt 1220- 1250 18/09/23
Sun Pharmaceutical Industries Ltd. Seems to be trending and bullish for a target of 1220 - 1250 and major trend line support near 1100-1127 levels
1. RSI daily / weekly / monthly above 60
2. Price taking trend line support
3. Narrowing Bollinger bands
4. Price near Upper Bollinger bands
5. Price under congestion for last 3-4 days
Disclaimer: I am not an expert I just share interesting charts here, Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix
1. RSI daily / weekly / monthly above 60
2. Price taking trend line support
3. Narrowing Bollinger bands
4. Price near Upper Bollinger bands
5. Price under congestion for last 3-4 days
Disclaimer: I am not an expert I just share interesting charts here, Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix
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.