Triple Bearish Divergence in SunPharma

2018年3月6日

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.

2018年3月7日

交易進行

Sell at 526

2018年3月8日

交易進行

Target T1(511) achieved.....

2018年3月9日

交易進行

Sunpharma is moving up. Still it seems there will be greater correction by next week.

2018年3月9日

交易進行

Hold on short position. T1(511) again achieved.

2018年3月10日

交易進行

T2 i.e. 498 support will be breached on Monday? This is by far the strongest support level for SunPharma.

2018年3月15日

取消訂單

Cancelling the trade at 525. No profit, No loss. It seems, there's no bearish movements further.

2018年3月17日

註釋

Stochastic divergence still continuing...