NSE:SUNPHARMA   SUN PHARMACEUTICAL
BTST ON SUNPHARMA
SPINNING BOTTOM
DOJI
BULLISH HAMMER CAN FORM ANY BEFORE CLOSING
RSI REVERSAL SPIKE
BUY @446
STOP @435
TARGET 1@460
TARGET 2@458
LOT:1100
SUGGESTED LOTS:2
Trade closed: target reached
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Comments

I m hold at 485 three lot in fut
Reply
manavtechresearch dharmeshpandya79
@dharmeshpandya79, UNDERSTAND THE STOCK CORRECTED NEARLY 25% FROM THE BEGINNING OF THE MONTH SO THAT SHOWS THAT THERE WAS A HUGE SHORT BUILT-UP AT HIGHER LEVELS BUT NOW WHAT?
THOSE WHO WERE SHORT WILL SQUARE-UP THEIR POSITION BY BUYING AND EXIT THE TRADE THIS IS CALLED AS SHORT COVERING.SO ATLEAST IN THE NEAR TERM THERE WILL BE 5-TO 8% SHORT COVERING BEFORE EXPIRY
Reply
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