sun pharma looks bullish in short term.

2017年8月17日

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

2017年9月12日

交易進行

till now 483.40

2017年9月13日

交易進行

big move today, closed at 503.35.

2017年9月30日

交易進行

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

2017年9月30日

註釋

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

2017年10月8日

交易進行

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

2017年10月28日

交易進行

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

2017年12月16日

交易結束：目標達成

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

2018年5月4日

註釋

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.

2018年5月4日

註釋

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