Sunpharma - Struggle with trendlines and channel
NSE:SUNPHARMA SUN PHARMACEUTICAL
A sharp fall and then a corrective channeled rise. Staying below 600 next leg of the downtrend should start taking the price to 490 and lower.
A 50 point trade and counting. 3rd of some degree is going on.
A 100 point trade and counting. Price test 490 ( actual low so far = 492 ). Likely in its 5th wave of the fall...of the 2+ years correction