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Medi_Trading

SunPharma Long for Pleasant Targets

Long
SUN PHARMACEUTICAL (NSE:SUNPHARMA)  
Medi_Trading Updated   
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Trend Analysis Chart Patterns Technical Indicators
6
5
trendanalysis chartpattern indicator
SunPharma breaking out of a Bullish Flag Pattern channel and is headed to targets 500 and 540 with initial SL @ 460. Will book partial upon achievement of target 1 i.e. 500, will move SL to 480 and then 500 eventually.
Trade closed: target reached:
Positional traders can hold for the next target of 540 while low risk traders can book profits and exit.
Comment:
Target 2 of 540 achieved on 31st July
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