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Short

Sun Pharma: Into the Resistance -- The Shorting Prospects

NSE:SUNPHARMA   SUN PHARMACEUTICAL
Notes on the chart.

Hit like if this analysis is informative. Comments are welcomed.
Trade safe.

Best Regards
Bravetotrade
Comment: Keep updated as targets will be revised wrt price action.
Comment: ..Post entry.
Comment: For intraday:

I expect a push higher before we get our shorting opportunity.
So we can take a long trade in 565-563 zone with a stop below 560 to target 570 or higher.
Comment: Book partial at 567
Comment: trail the rest with sl <564.50 and book full near 570
Trade closed: target reached
Comment: It was just an intraday long setup. We ll still look for short setup in the mentioned zone.
Comment:
Hi, after it gaped down on 22nd May then after taking support it's in full swing up move since few days and don't want to give up (short covering - all thanks to P-Note issue) thing it ill fill the gap of may, 636 then will move to fill all gaps down below. I am not so good in charting but like to watch gap filling moves.Appreciate your charting work very interesting.
Reply
@theeye, thanks for appreciation.
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