sun pharma looks bullish in short term.

17 ago 2017

in weekly, price bounced from downtrend channel support, regular bullish divergence formed here. price should move towards channel resistance.

12 set 2017

Trade attivo

till now 483.40

13 set 2017

Trade attivo

big move today, closed at 503.35.

30 set 2017

Trade attivo

cmp - 503.25, price is facing resistance at the down trend line,

30 set 2017

Nota

In a closer looks we can see ascending channel here, price bounced from support, now it ll try to break the trend line resistance.

8 ott 2017

Trade attivo

price broke out of trend line resistance and moving towards ascending channel resistance. till now 530.

28 ott 2017

Trade attivo

till now 549.90, so total 12.5% gain in 2.5 months, price is approaching the channel resistance. weekly followup chart

16 dic 2017

Trade chiuso: obiettivo raggiunto

price already reached the descending channel resistance line, and tgt is achieved here,

4 mag 2018

Nota

cmp - 536, price broke out of descending channel then it retested the broken channel resistance , horizontal support also helped it to reverse and bounce back.

4 mag 2018

Nota

In daily, price closed above upper BB with good volume and BB is expanding , looks bullish, 585+ is near term tgt ,