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Bearish Harmonic - SUNPHARMA (Daily)

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SUN PHARMACEUTICAL (NSE:SUNPHARMA)  
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NSE:SUNPHARMA   SUN PHARMACEUTICAL
Harmonic Patterns harmonictraders PRZ potentialreversalzone Gartley Bullish Gartley
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harmonicpatterns harmonictraders prz potentialreversalzone gartleypattern bullishgartley
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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