Sunpharma is at crossroads and the view is it will cross 510 lvls within next few weeks and once it breaches 510 lvls it would be breaking out of multiple resistance lvls.
MACD is clearly showing abc bullish pattern where "C" wave part is about to begin on upside after breaking out.
Watchout Stock for August Expiry : Long SunPharma & Short Dabur
Long at CMP(485) or above 510 with sl at 465
Trail with 50EMA on Daily Charts if it breaks above 510
MACD is clearly showing abc bullish pattern where "C" wave part is about to begin on upside after breaking out.
Watchout Stock for August Expiry : Long SunPharma & Short Dabur
Long at CMP(485) or above 510 with sl at 465
Trail with 50EMA on Daily Charts if it breaks above 510
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Today's closing at almost 510 lvls...Once 510 lvls breach we would be seeing a 10-20 % move within days and looking for a 20-30% move within Aug expiry !!
