SUNPHARMA
Updated
1) Descending triangle price becoming narrow so wait for a breakdown
2) If there is any bearish signs 410 level then only look for short targeting 390
3) rating agencies downgrading this so it may fall
2) If there is any bearish signs 410 level then only look for short targeting 390
3) rating agencies downgrading this so it may fall
Note
triangle broken upside which is opposite to down view but triangle respected usually ascending/descending triangles used for price breakout in any direction theory behind this is price becomes narrow & narrow to the triangle point then breaks with high momentum
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.