the levels did not trigger on Friday but we have better entries now.
Broke the trendline on Friday retested and again trying to make a low. Lower lows are made and currently it is mahing a h&s pattern before a breakdown
Good short below 700 and 690 will be a easy target. Book partial profits at 696 NSE:SUNPHARMA
Sun pharma forming very good base
volume was picking up in uptrend and drying up in consolidation
weak below 629
Market Cap-- ₹ 154,373 Cr.
ROCE-- 10.5 %
ROE-- 9.06 %
Promoter +institutional holdings-- 87%
NSE:SUNPHARMA is a constant and stable wealth generator.
The regular dividend of Rs2.5/share been given every September each year shows its stable income.
The rise in pharma will also push this scrip and I see a target of Rs1000 in coming weeks for Sun Pharma.
Every idea in this profile is for educational and predictive accuracy log purpose directed to...