Triple Bearish Divergence in SunPharma

6 mars 2018

As seen in above charts triple stochastic divergence is seen in SUNPHARMA giving a confidence of clear bearish phase.
Short SUNPHARMA at 530 with a target of 511(T1), 498(T2) & 466(T3). Stop loss of 542 is recommended.

7 mars 2018

Transaction en cours

Sell at 526

8 mars 2018

Transaction en cours

Target T1(511) achieved.....

9 mars 2018

Transaction en cours

Sunpharma is moving up. Still it seems there will be greater correction by next week.

9 mars 2018

Transaction en cours

Hold on short position. T1(511) again achieved.

10 mars 2018

Transaction en cours

T2 i.e. 498 support will be breached on Monday? This is by far the strongest support level for SunPharma.

15 mars 2018

Ordre annulé

Cancelling the trade at 525. No profit, No loss. It seems, there's no bearish movements further.

17 mars 2018

Note

Stochastic divergence still continuing...