sirlaxmanagarwal
Long

The time has come for Sun Pharma??

NSE:SUNPHARMA   SUN PHARMACEUTICAL
In recent weeks we have seen buying in Pharma stocks. While Biocon ,Wock hit new 52 week high some stocks are worth buying at these levels. On daily charts Sunpharma is making higher lows for some weeks. Also it has made a Symmetrical triangle pattern on the chart. I positively think it should break upward. Watch for levels. If it closes above 550,I think it will be a breakout . Its a good time to accumulate the stock for long term with a stop below 516 on closing basis.
Dec 26
Trade active: Up 2.5%.. 575 by this week..
Dec 26
Trade active: Up 3%....
Dec 27
Trade active: Tgt 575 achieved..
Jan 08
Comment: OMG.. 600...
Any move or close above 540 on Tuesday, then next move will be to 570, 610 and 660 by Jan 2018. Happy trading , good presentation. GBU
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sirlaxmanagarwal bnjanamatti
@bnjanamatti, Thank you for your words.. :)
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