rk10

Sun Pharma - Close to breaking out

NSE:SUNPHARMA   SUN PHARMACEUTICAL
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4
On the verge of a breakout. Long above marked price of 505. SL of 485. Its a longer term breakout as well if seen from the top..So have patience with this one.
I would add more if it crosses 515 decisively.

Comments

after 9th June, first time it has given close above 500 on daily chart today. 200 Weekly EMA is a strong resistance. What is your view now? huge call writing happening @ 510 level.
Reply
rk10 sarojp
@sarojp, Its too hyped and widely discussed, the breakout could come post expiry. Too many people have the 500CE.
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