amankavi
Long

Sun Pharma : Ascending triangle + trendline and pattern breakout

NSE:SUNPHARMA   SUN PHARMACEUTICAL
Scrip has been in symmetrical triangle pattern validated with 2 reactions lows and highs over time duration of 2 months
If bullish momentum is maintained and bearish exhaustion gap is filled in, Breakout with higher volume surge is yet to be seen to complete like seen in earlier JMfin pattern to reach the target price :)

Planning to enter intra-day for now
Enter above 542-544
TP - 550, 553, 560, 570

Anticipating the scrip to reach target price with quick surge after breakout and volume backing...
Trade active
Comment: Intra-day entry could be activated
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