NSE:SUNPHARMA   SUN PHARMACEUTICAL
Analysis :-

1. Stock is trading in old range from 2013.
2. Buy on dip on trendline provided or if further brokedown than enter on 200 moving average provided.
3. Stock is trading in range so better book profit immediately on its most recent resistance seen. There is 100 of other stocks to look for opportunity. Never be emotionally invested and stuck in a stock
4. Diploy not more than 3% to 5% capital.
Trade active: Trend line is breached and made a bullish green daily candle. Enter here with 3% capital and if its father gets down then it will test 200 moving average then add additional 5% capital. Your SL would be below 521 strick. no father averaging, that is a clear-cut downtrend.
Trade closed: target reached

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