sun pharma looks bullish in short term.

17 août 2017

in weekly, price bounced from downtrend channel support, regular bullish divergence formed here. price should move towards channel resistance.

12 sept. 2017

Transaction en cours

till now 483.40

13 sept. 2017

Transaction en cours

big move today, closed at 503.35.

30 sept. 2017

Transaction en cours

cmp - 503.25, price is facing resistance at the down trend line,

30 sept. 2017

Note

In a closer looks we can see ascending channel here, price bounced from support, now it ll try to break the trend line resistance.

8 oct. 2017

Transaction en cours

price broke out of trend line resistance and moving towards ascending channel resistance. till now 530.

28 oct. 2017

Transaction en cours

till now 549.90, so total 12.5% gain in 2.5 months, price is approaching the channel resistance. weekly followup chart

16 déc. 2017

Trade fermée: cible de profit atteinte

price already reached the descending channel resistance line, and tgt is achieved here,

4 mai 2018

Note

cmp - 536, price broke out of descending channel then it retested the broken channel resistance , horizontal support also helped it to reverse and bounce back.

4 mai 2018

Note

In daily, price closed above upper BB with good volume and BB is expanding , looks bullish, 585+ is near term tgt ,