SUNPHARMA - IMPORTANT LEVEL

Mar 19, 2017

The stock is at crucial level.

See the yellow lines, which show what happened when the price came to this level previously.

The last time it happened, it failed to hold up.
But then it formed a base and now,

If buying continues to happen, very good chances of,
staying above the white line and futher, also above the rectangle.

Take positions accordingly.
Regards.

Mar 20, 2017

Note

Rangebound. Above the line.

Mar 21, 2017

Note

A hammer but below the line. Not so strong. Closing still below. Avoid till clear signals emerge.

Mar 22, 2017

Note

Below the line. Still weak.

Mar 24, 2017

Note

Above the line again. Keep a watch .