Sun Pharma go Long, Daily in small consolidation
Facts behind:
1. Nifty Pharma index box breakout in weekly Time Frame. 1000points up movement possible.
2. Sun Pharma formed trend reversal confirmed (New high formation in monthly Time frame).
3. Daily time frame in consolidation.
FOLLOW THE GOLDEN RULE OF RISK MANAGEMENT.DON'T RISK MORE THAN 2% OF YOUR CAPITAL PER TRADE.
1. Nifty Pharma index box breakout in weekly Time Frame. 1000points up movement possible.
2. Sun Pharma formed trend reversal confirmed (New high formation in monthly Time frame).
3. Daily time frame in consolidation.
FOLLOW THE GOLDEN RULE OF RISK MANAGEMENT.DON'T RISK MORE THAN 2% OF YOUR CAPITAL PER TRADE.
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