You can see, it is making a triangle and taking support from 200EMA while retesting.
On Monday today, with observation we can buy this
BUY BELOW 2800
SL: 2731 observation in 15 mins timeframe.
1st: 3150 (Risk to reward: 1:7)
2nd: 3280 (Risk to reward: 1:9)
I never trade with Risk to Reward ratio, less than 1:4
Here you can see a triangle has been formed, the rally after breakout has somewhat exhausted yet, the price is taking support from the 200MA which is a good sign for the stock to still go higher.
You can take a position if you want on Monday, @33.20, and Target for
1st Target: Between 36 to 37
2nd Target: Between 41 to 42
SL: Look for a right SL in a smaller...
I found this stock was falling from high value almost a year, the fundamentals are strong, this is a good stock for holding. If it bounce back and trades above 823 with a stable candle then the trader can enter into buy position.
Supnpharma trading in bullish channel
fresh buying above 443 for 454,460
Bears will be in control after 410 for 400,380
Sunpharma hovering near 50 SMA ,if manage to stay above 50 SMA then bulls will be inn control
200 SMA at 405 last line of support