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Bravetotrade
Jul 31, 2017 5:06 AM

Sun Pharma: Purely Fib. Based Long

NSE:SUNPHARMA240
SUN PHARMACEUTICALNSE

Description

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Notes on the chart.

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Bravetotrade

Comment

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Just look for a reversal pattern in the zone.

Comment

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target 1 hit.

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I ll hold my horses with 535 as trailing stop for remaining partial.

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hit
One can think of buying near 533 with stop below 532

No Updates here.
Trend AnalysisSUNPHARMAFibonacci Retracement
Comments
sanjoy.bose.it
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Bang On, but why the ZERO level is not shown on the chart? I usually like to plot what shown in a post, myself and study why a trader thought that, so can't see the Zero level is a problem. Anyway, nice prediction, if used well, FIB works like god :)
Bravetotrade
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@Sanjoy.bose.it, Do you mean entry level?
sanjoy.bose.it
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@Bravetotrade, Yes Sir, entry level
Bravetotrade
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@Sanjoy.bose.it, it was in the 530-525 zone.
sanjoy.bose.it
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@Bravetotrade, Thnx...
Bravetotrade
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@Sanjoy.bose.it, welcome
Bravetotrade
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@Sanjoy.bose.it, Dun take Fibs. for granted.
ZuzarLakdawala
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@Bravetotrade, Can we go long on Sunpharma ? Till what level ?
Bravetotrade
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@ZuzarLakdawala, I think its a little late now.
Bravetotrade
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@ZuzarLakdawala, If you have to wait for a pullback to 536 or below but keep SL intact.
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