$SUNPHARMA Double bottomSUNPHARMA Double bottom now a possibility given sour mood in Pharma space due to DRREDDY issues
SUNPHARMA trade ideas
#SUNPHARMA BUY SETUPDAILY FINANCIAL WISDOM: "You don't need to be a weatherman to see which way the wind is blowing..."
Sunpharma - Long Trade - Medium term - Price ActionSunpharma is at very good buying zone for Med term perspective
can accumulate at 517.5 to 527 and add more if dips to 490-500 zone.
De-Risk the trade around 545 for piece of mind.
Immediate Target of 584, followed by 640 and 700.
After a good run, this is a healthy correction and price taking support at previous resistance.
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#Sunpharma Buy Setup -27/7/17DAILY FINANCIAL WISDOM: Before entering into a trade, you must first know your exit point in the worst case scenario...
(All signals for educational purposes only).
$SUNPHARMA capitulation done..$SUNPHARMA capitulation done.. may b bit of sideways drag before corrective rally to fill gaps around 560 and 640. Perhaps also if Markets sell off Pharma safe heaven longs will make sense. Risky longs around 500
Bought for long termFundamentally still strong with good promoters. Good to buy with a long term horizon and also ability to average if moves further down
$SUNPHARMA may retest 700 zoneSunpharma may retest 700 zone from current level.
I have entered the trade with 700 CE today with 1 Rs closing basis stop loss / Close below 620
Trading beyond the PRZ of Bullish Gartley.
sun pharmaH & S on charts sell for target of 607.80 to retest the low made on 22/12/16 with stop loss @617.80
Sun Pharma on a Symmetrical Triangle formationNext major move can only be determined after a valid breakout
