SUNPHARMA BULLISH CLASSIC PATTERNS SUNPHARMA Formed bullish classic pattern in 30min chart its show sunpharma will up soon and blasttt till 772-791+++++ support at 740-730
SUNPHARMA
Sun Pharma Short Setup (Double Top)It is been observed that price action failing to breach 770 levels due to selling pressure on higher prices that limiting the price action to 770 levels where it formed a double top (V-shape). Now it is a good time to short it with stoploss at 770 levels.
Target: 745
Stoploss: 770
Risk Reward: 1:5
Sun Pharma: Lots of Interesting DevelopmentsSun Pharma Chart is a nice case-study for students of technical Analysis. Irrespective of what your area of expertise is, there is something for everyone. Harmonics, Point & Figure, Wyckoff, trend channel and Andrews Pitchfork to name a few. I expect price to test the red-colored middle sliding parallel at 890-900 band.
