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SUNPHARMA

Sun pharma bullish may also have a breckout Firstly profit booking pullback is over and looking like it will continue its uptrend !!!! also given macd buy in 15min along the trend + RSI above 60 bullish could be breackout i am assuming took 100 QTY at 593 stoploss 588 genrally my target would be 599 as 6 points target but there is also breckout so better to trail 2.5 points profit if it crosses 598-599 to be more safe if sl it shoud hit traling and at end we will be in profit even if it was a not a breckout ## IF YOU TAKE TRADE THEN TRADE WITH YOUR OWN RISK ## ill see if I can post how my trade gone
NSE:SUNPHARMALong
by arunprashanth888
3
SUNPHARMA TRIANGLE 30MSUNPHARMA is forming a triangle pattern in 30M timeframe. It could a good trade intraday as well as positional. Although in triangle pattern the price tends to give both breakouts and breakdowns. But in this case SUNPHARMA is creating lower lows which means the stock is in a bullish mode. We can trade both breakouts and breakdowns in intraday when price crosses the high of breakout candle( in case of long position ) or when price crosses the low of breakdown candle(int case of short position). SL will be the nearest swing low. Happy Trading!
NSE:SUNPHARMA
by ritik_patel
1