Anshul_Verma

INVESTMENT IDEA on SUNPHARMA | Rising Parallel Channel

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Strong and HIGH PROBABILITY BUY SETUP on Sun Pharma. Currently in the best price zone to buy (510-500). Target: 562, 580
Time duration: HOLD for at least a month. Expected ROI 11-16%

The factors supporting our view are as follows:
1. Price is sitting just above the parallel channel's support trend line
2. Price is sitting just above an important psychological price level of 500
3. Price is sitting just above an important demand zone (495-505)

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Trading Experience: 2.5 YEARS
NOTE: The above mentioned view is our personal view. We are NOT SEBI registered. You are solely responsible for any losses that you might incur from our signals.

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