praveen.gupta

SUN Pharma Long @ Rs. 425 or Below

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
NSE:SUNPHARMA
SUN Pharma Long @ Rs . 425 or Below

Entry 425 or below
Target 474.5
SL 409.5

Sun Pharma is currently trading at Rs . 425 , Current price is in 1 day DZ which is already tested one , the current price has made an 1 hr demand zone inside the daily DZ, which provides strength as well as confirmation, so we can assume price has tezted zone and now exiting the zone. Buy equity in delivey and hold for 3 weeks for the target price which is can provide app 11 % gain.
Trade active: Currently showing strong support since last two trading days, so can be bought at Rs 430/-
Trade active: today remained very volatile , remain in trade.
Trade active: Price reached upto Rs450/- , remain in trade
Trade active: Inspite of downfall in Nifty , Script is able to sustain in the price zone, remain in trade.
Trade closed manually: Close the position at CMP Rs 450, App profit of Rs 20/share

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