dravya
Long

SUNPHARMA - IMPORTANT LEVEL

NSE:SUNPHARMA   SUN PHARMACEUTICAL
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8
177 4
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.
Comment: Rangebound. Above the line.
Comment: A hammer but below the line. Not so strong. Closing still below. Avoid till clear signals emerge.
Comment: Below the line. Still weak.
Comment: Above the line again. Keep a watch .
A hot trade for tomorrow !
Reply
dravya PankajNegi
@PankajNegi, Yes, and keep it in your watchlist for upcoming 2 weeks :)
Reply
Perfect. It should move up above 711 (Future Price) In Daily Chart Doji. Will wait and watch
Reply
dravya Subra1953
@Subra1953, Yes :)
Reply
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