Crisil looking for a good multi-year breakout (LTP 1975) on the weekly chart which has been tested 5 times previously and this is the 6th time. Can be looked at for a long once it breaks the flag pattern.
Sun Pharm had a nice and clean flag breakout post results, But it has not been able to give confirmation of breakout.
Now if it closes below the channel, we may see it going back to lower band(though unlikley).
My bet is it will go up from here.
Long above 540 with Stop at 505.