Sunpharma required some good medicine on daily technical chart

23 mai

hello traders
presenting you sunpharma daily chart

with second time channel breakdown

so short sunpharma near 1500

stop loss 1570 on closing basis

target around 1350

23 mai

Note

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

if this idea is use full
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26 mai

Note

as per our plan short executed @ 1500 and after that
around 1% profit running in day one

29 mai

Note

1500 to 1455 around 3% done

30 mai

Note

again second time 1500 to 1452 around 3% done from same level

31 mai

Note

downword move continue

4 juin

Note

1500 to 1430 today around 70 point profit running

9 juin

Note

1500 to 1380 around 120 point profit

16 juin

Note

still below the lower trendline

20 juin

Note