Balakrishna_Shenoy

Sunpharma ... At the edge

NSE:SUNPHARMA   SUN PHARMACEUTICAL
After a big volume bearish day, the stock managed to post a positive candle from support zone and close above the cloud. the big question is when will it break out. This stock is struggling to cross 512 and building a base with higher lows and flattish top ... need to see some action soon .... hopefully on the bullish side.
Trade closed: target reached: Very good price action today with volumes. SInce it was earnings day, best to wait for price to settle down and not chase the price.

Disc: Been holding stock for long time for few years

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