Basic Analysis of Sunpharma As per the resistance and support new traders can start trading in cash. Trend is upward as we can see on the chart and moreover if want we can also use Moving Average also for overall stock trend
Note
sunpaharma moved as predicted but it is not in positive zone it crossed 921 but could not sustain above this level so traders should wait for sunpharma as it should close above 928
Note
As Predicted it did not break the 928 level and trading at lower levels as nifty come up it may show some upward movement.
Note
Same happened
Sunpharma Move As predicted If sustained above 915 then move up
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