76764554

Sun Pharma - near term bottom

Long
76764554 Updated   
NSE:SUNPHARMA   SUN PHARMACEUTICAL
A classical bottom formation.
It broke support of 430-435, triggered most of stop losses and bounced back with high volatility.
Also, it has formed a bullish harami pattern on hourly.
RSI oversold too.
Should bounce back to 460 levels.
Stop of 395
Trade active:
Bullish Harami formation on daily.
Unwinding seen in both ITM and OTM calls.
Trade active:
Add more at this level.
Maintain strict SL of 395
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