Chart analysis: Long Sunpharma
Reversal in stock price can be seen based on the following points:
1. Stock is trading in a rising channel and is at the support level in the channel.
2. Respecting support in a falling market.
3. RSI is in oversold zone.
4. At the lower zone in Bollinger bands.
5. Forming double bottom pattern.
1. Stock is trading in a rising channel and is at the support level in the channel.
2. Respecting support in a falling market.
3. RSI is in oversold zone.
4. At the lower zone in Bollinger bands.
5. Forming double bottom pattern.
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