SUNPHARMA price action analysis

145
SUNPHARMA is in a ttm squeeze with increasing momentum which indicates that it could give big move up anytime soon.

Besides that, below are the additional confirmations that makes it bullish for short term.
1) All the EMAs are stacked up
2) It bounced off of 21 EMA and now it's consolidating at the resistance level which it created a month ago.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.