SUNPHARMA_DOWNSIDE MOVE CAN BE SEENOne can short after seeing the index move.
(for educational purpose only)
Sunoharma
sunpharma +Month frame = magic of patience I am biased may be so take positions according to own study
on month frame
stock now formed a base at 440/480 area
this will be acting as ROCK SUPPORT in any big fall if comes
the stock seems amazing now on higher frames and is good to get in area
540 to 580 for expected target 640/665 (time required could be upto march ..
above 685 the stock likely to give moves upto 850 (this is my personal feeling that could be due to results ) , am a buyer as long as stock is above 520 level (trading wise sl)
