SUN PHARMACEUTICAL IND LAggiornato SUNPHARMA DESCENDING TRIANGLE ON DAILY CHANNEL ON WEEKLY
-THE STOCK IS SEEING SELLING PRESSURE FROM THE TRENDLINES
-HAS CRUCIAL SUPPORT @515(FOR SHORT-TERM)
-NOW IF RSI CLOSES ABOVE 52 IN NEAR FUTURE ASSUME THIS THAT THERE WILL BE A UP SIDE BREAKOUT
-THIS IS HOW WE WILL PICK OUR TRADE IN LONG RUN
-BECAUSE WE HAVE A DESCENDING CHANNEL ON WEEKLY CHART WHICH IS A STRONG ONE(MORE THAN 4 TOUCH POINTS ON EACH SIDE)
-I HAVE NOT EXPLAINED THE WEEKLY CHART
DAILY CHART
WEEKLY CHART
PLEASE NOTE:-
-PHARMA STOCKS ARE NOT BOUNDED BY EXPECTED NEWS,,,,,,
-THIS SECTOR IS PRONE TO HAVE IN-FACTORED INFORMATION WHICH CAUSES HIGH VOLATILE MARKETS.....
FOR E.G US FDA INSPECTION DRUG APPROVE ETC.
TRADE VIEW FOR SWING TRADERS
SHORT @525
STOP 550
TARGET 515-500-490
-HAS CRUCIAL SUPPORT @515(FOR SHORT-TERM)
-NOW IF RSI CLOSES ABOVE 52 IN NEAR FUTURE ASSUME THIS THAT THERE WILL BE A UP SIDE BREAKOUT
-THIS IS HOW WE WILL PICK OUR TRADE IN LONG RUN
-BECAUSE WE HAVE A DESCENDING CHANNEL ON WEEKLY CHART WHICH IS A STRONG ONE(MORE THAN 4 TOUCH POINTS ON EACH SIDE)
-I HAVE NOT EXPLAINED THE WEEKLY CHART
DAILY CHART
WEEKLY CHART
PLEASE NOTE:-
-PHARMA STOCKS ARE NOT BOUNDED BY EXPECTED NEWS,,,,,,
-THIS SECTOR IS PRONE TO HAVE IN-FACTORED INFORMATION WHICH CAUSES HIGH VOLATILE MARKETS.....
FOR E.G US FDA INSPECTION DRUG APPROVE ETC.
TRADE VIEW FOR SWING TRADERS
SHORT @525
STOP 550
TARGET 515-500-490
Trade attivo
HOLD YOUR POSITIONTrade attivo
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.