SunPharma Flag Breakout + Potention Inv H&S
SunPharma has given a strong breakout from a flag pattern with high volume.
However buying was to be done after confirmation, being a day late and seeing a doji on daily charts, I'll wait to see the price action for Monday and take a call, either buy on retracement or if setup looks bullish on lower time frame than buy. Upside could be 700+ however +3 SD can pose as a resistance.
However buying was to be done after confirmation, being a day late and seeing a doji on daily charts, I'll wait to see the price action for Monday and take a call, either buy on retracement or if setup looks bullish on lower time frame than buy. Upside could be 700+ however +3 SD can pose as a resistance.
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