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dheerajs147
Jul 9, 2020 7:45 AM

Sun Pharma - watch for breakout from rising channel! Long

SUN PHARMACEUTICALNSE

Description

Sun Pharma is in a rising channel and longs can be initiated with strict stop loss between 476-478 levels. Also, it has been consistently trading above the 20 DMA in the past few sessions which confirms the bullish trend! Upside hurdle at 491 and then 500!

Trade active

First target achieved and hurdle crossed !

Trade closed: target reached

Risk averse ones can close the position!
Comments
T_Harth
breakdown happened lol
dheerajs147
@T_Harth, Have patience my friend! It never broke down and look at the price now!
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