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Market_beat3r

Sun Pharma: Mean Reversion Idea

Short
SUN PHARMACEUTICAL (NSE:SUNPHARMA)  
Market_beat3r  
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
-Sun Pharma closing in on a long-term downward trend line. 10 touches on the trend line and 1 failed breakout.
-Stock looks overextended with a mean reversion likely around the corner.
-Stock moved out of the upper Bollinger Band.
-Long term downtrend.

Not an investment advice. Do d=your own due diligence.
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