NeeteshJain

SUNPHARMA - RESISTANCE BREAKOUT

Long
BSE:SUNPHARMA   SUN PHARMACEUTICAL INDUSTRIES
It is been observed that the price action breaks above the resistance levels, now it shall move to 700 levels.

Target 700

SL 680
Trade active
Comment: 5 points away to reach the Target. Regards
Comment: Good time to re-enter as the price action retesting the resistance zone and now creating it as a support zone. Regards
Trade closed: target reached: Target was reached at Gap up initially and then it went down to previous resistance levels, which is now acting as support zone. Regards