sun pharma looks bullish in short term.

١٧ أغسطس ٢٠١٧

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

١٢ سبتمبر ٢٠١٧

تم فتح الصفقة

till now 483.40

١٣ سبتمبر ٢٠١٧

تم فتح الصفقة

big move today, closed at 503.35.

٣٠ سبتمبر ٢٠١٧

تم فتح الصفقة

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

٣٠ سبتمبر ٢٠١٧

ملاحظة

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

٨ أكتوبر ٢٠١٧

تم فتح الصفقة

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

٢٨ أكتوبر ٢٠١٧

تم فتح الصفقة

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

١٦ ديسمبر ٢٠١٧

أغلقت الصفقة: تم الوصول للهدف

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

٤ مايو ٢٠١٨

ملاحظة

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.

٤ مايو ٢٠١٨

ملاحظة

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