Attached: SUNPHARMA Daily Chart as of 28th June 2023
- On Wednesday Price gave a Strong Bull Power Candle Breakout signal activating a Bull Flag + Inverted Head & Shoulder Pattern, pay attention to the Green Neckline
- Moreover this Stock has the Highest Weightage in the Nifty Pharma Index so Pharma cannot move up without Sun Pharma participating (I have already maintained a bullish stance on pharma and it is paying off well, see my related ideas)
The Target for the Breakout is 1070
Stop Loss for same can be Day's Low or below 1000 closing
- On Wednesday Price gave a Strong Bull Power Candle Breakout signal activating a Bull Flag + Inverted Head & Shoulder Pattern, pay attention to the Green Neckline
- Moreover this Stock has the Highest Weightage in the Nifty Pharma Index so Pharma cannot move up without Sun Pharma participating (I have already maintained a bullish stance on pharma and it is paying off well, see my related ideas)
The Target for the Breakout is 1070
Stop Loss for same can be Day's Low or below 1000 closing
