Sunpharma breakout
The stock is in a strong uptrend, the recent breakout above a key resistance level around ₹1,700 indicates potential for further upward movement. Set a target around ₹1,850 to ₹1,900, based on the recent breakout and the next potential resistance levels. Place a stop loss below the recent breakout level, at around ₹1,650, to limit potential losses in case of an unexpected downturn.
Disclaimer: This recommendation is based solely on technical analysis. It is important to consider this analysis in conjunction with other financial, macroeconomic, and sectoral factors. Investors should also consider their own risk tolerance and investment objectives
Disclaimer: This recommendation is based solely on technical analysis. It is important to consider this analysis in conjunction with other financial, macroeconomic, and sectoral factors. Investors should also consider their own risk tolerance and investment objectives
Disclaimer
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