Sun pharma moved out from its channel and now testing support. A perfect doji formation with decrease in selling volume . Based on Monday movement we can confirm the trend.
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Decrease in volume for last 3 days. Indicates buy? Wait for indicator.
Keep a watch, Sun pharma looks like will come into its channel. and then continue its downward journey.
guide733
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You seem to be Dead Right in your views. After such a big move almost upto 690 present consolidation is expected. As you said correctly here on, after this Doji, one can expect an up move
sagarkotecha
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@guide733, Thanks. Another doji. Neither bulls and nor bears are strong. Need to wait for indication.