SunPharma : will it retrace ?

Updated
SunPharma is on a roll to down trip. Last few days were red. Fib extension is at 1.618. RSI is deep down at 18. Correction in this trade is much needed !! All we just need is a one strong bullish candle for trade long with
Target 1 : 500
Target 2 : 520
Trade valid only if it is above 460 with bullish reversal patterns.
Trade active
Crossed 460 with some bullish sentiment with above average volume
Trade closed: target reached
Trend Analysis

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