Sun Pharma - watch for breakout from rising channel!
Sun Pharma is in a rising channel and longs can be initiated with strict stop loss between 476-478 levels. Also, it has been consistently trading above the 20 DMA in the past few sessions which confirms the bullish trend! Upside hurdle at 491 and then 500!
Transaction en cours:
First target achieved and hurdle crossed !
Trade fermée: cible de profit atteinte:
Risk averse ones can close the position!