Basty

Sun Pharmaceuticals - Conditional Position

NSE:SUNPHARMA   SUN PHARMACEUTICAL
Strong Inverted Hammer on daily chart . Descending triangle . May break on either side. Position to be taken based on where to it breaks.
Weekly chart shows clear indications of a downfall.
Comment: Formed a hammer which basically means that the stock is sideways. Waiting for decisive action.
Comment: Descending triangle worked. Stock price tanked.
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