Sunpharma required some good medicine on daily technical chart

May 23

hello traders
presenting you sunpharma daily chart

with second time channel breakdown

so short sunpharma near 1500

stop loss 1570 on closing basis

target around 1350

May 23

Note

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

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May 26

Note

as per our plan short executed @ 1500 and after that
around 1% profit running in day one

May 29

Note

1500 to 1455 around 3% done

May 30

Note

again second time 1500 to 1452 around 3% done from same level

May 31

Note

downword move continue

Jun 4

Note

1500 to 1430 today around 70 point profit running

Jun 9

Note

1500 to 1380 around 120 point profit

Jun 16

Note

still below the lower trendline

Jun 20

Note