Triple Bearish Divergence in SunPharma

تم تحديثه
As seen in above charts triple stochastic divergence is seen in SUNPHARMA giving a confidence of clear bearish phase.
Short SUNPHARMA at 530 with a target of 511(T1), 498(T2) & 466(T3). Stop loss of 542 is recommended.
تم فتح الصفقة
Sell at 526
تم فتح الصفقة
Target T1(511) achieved.....
تم فتح الصفقة
Sunpharma is moving up. Still it seems there will be greater correction by next week.
تم فتح الصفقة
Hold on short position. T1(511) again achieved.
تم فتح الصفقة
T2 i.e. 498 support will be breached on Monday? This is by far the strongest support level for SunPharma.
تم حذف الأمر
Cancelling the trade at 525. No profit, No loss. It seems, there's no bearish movements further.
ملاحظة
Stochastic divergence still continuing...

لقطة
Technical Indicatorsstochastic-bearish-divergenceSUNPHARMASupport and ResistanceTrend Analysistripledivergence

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