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techtrail
Oct 20, 2016 9:44 AM

Sun Pharma: Price Drifts To Support Long

SUN PHARMACEUTICALNSE

Description

Watch the rally or the sharp spike up and the relaxed and slow drift lower to support. The fall indicates there is little selling pressure. Notice the bounce off support via a nice Hammer candle and higher volume.

As long as the recent low 730 is not breached, I expect a rally past 772.
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