SUNPHARMA Breakdown

Updated
SUNPHARMA is breaking down from its long-term channel. It consolidated in the form of a triangle and is now seemingly breaking down from the base of the triangle. The 200DMA is also being rejected. A fall to 735 zone is possible on the stock.
Trade closed: stop reached
Trade closed as stop level of 875 breached.
200dma200smabreakdownchannelbreakChart PatternsRising WedgeSUNPHARMAsunpharmashortTrend Analysis

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