niftytrader
Short

SUNPHARMA: also precarious !

NSE:SUNPHARMA   SUN PHARMACEUTICAL
100 1 1
SUNPHARMA: also precarious ! after LUPIN            
I feel it is in uptread with narrow channel. On results day it is trading at bottom of the narrow channel so it is good idea to go long with strict stop loss around 518-515. Any upside can push it to higher side of the channel i.e. 560-570.
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