SUN PHARMA BULLISH ONLY AFTER BREAKING THROUGH RESISTANCE LEVELS OF RS. 480 - RS.500 RIGHT NOW MAY CONSOLIDATE FOR SOMETIME BREAKOUT ABOVE RS. 500 CAN SEE BELOW LEVELS TARGET 1 - RS. 536 TARGET 2 - RS. 556 - RS. 564 (CAN SEE STRONG UP MOVE FROM HERE) SUPPORT RS. 410 STRONG SUPPORT - RS. 390
ICICI BANK IS LIKELY COMPLETED DISTRIBUTION PHASE AND PROBABILITY FOR DOWNWARD BREAKOUT IS VERY HIGH DIVERGENCE CAN BE SEEN IN WEEKLY AND DAILY TIMEFRAME
TARGET 1 - RS. 286 TARGET 2 - RS. 320 SUPPORT 1 - RS. 221 STRONG SUPPORT ZONE - RS. 208 - RS. 212 (IF THIS SUPPORT IS BROKEN THEN SENTIMENT CHANGE CAN BE SEEN AND RS. 170 LEVELS IS POSSIBLE)
Most Likely Breakout to Upside If Breakout above Rs. 230 - Rs. 235 with good volume can take Share Value to Rs. 230 Note: False Breakout if does not hold Resistance turned Support trend line
TREND CONTINUATION TO TEST RESISTANCE PRIOR SWING HIGH TARGET 1 - RS. 230 SUPPORT 1 - RS. 208 SUPPORT 2 - RS. 200 (IF BREAKOUT FROM THIS LEVEL THEN STRONG SENTIMENT CHANGE AND PUSH TOWARDS DOWNWARDS)