ZiaAlive

short SUNPHARMA around 518 sl 525 trgt 500

Short
NSE:SUNPHARMA   SUN PHARMACEUTICAL
NSE:SUNPHARMA has printed a bearish pinbar today and failed to close above its 50DEMA since last 3 days...
to me it looks week .....will go short tomorrow
Trade active: Half qty shorted at 516.10........half qty will short if it trades above 520
Trade active: half more shorted at 520.40
...now avg price is 18.25
Trade closed: stop reached: shorts covered at 532.1 ..... 5 points loss.....as the overall market is super green....
Comment: sorry type.... its 523.1 not 532.1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.