safri

Bearish Harmonic - SUNPHARMA (Daily)

Short
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Hello Traders,

We have observed bearish Garltey pattern on Sun Pharmaceutical Ltd daily chart . We expect price to resist in PRZ and reverse. Here, PRZ is made of AB=CD , 0.786XA, 1.27AB, and 1.27BC Fibonacci ratio confluence. This potential trade setup has a risk/reward ratio of 1:1.1 for target-1 and 1:1.8 target-2.

Happy Trading!!!

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