sun pharma looks bullish in short term.

Aktualisiert
in weekly, price bounced from downtrend channel support, regular bullish divergence formed here. price should move towards channel resistance.
Trade ist aktiv
till now 483.40
Trade ist aktiv
big move today, closed at 503.35.
Trade ist aktiv
cmp - 503.25, price is facing resistance at the down trend line, Snapshot
Anmerkung
In a closer looks we can see ascending channel here, price bounced from support, now it ll try to break the trend line resistance. Snapshot
Trade ist aktiv
price broke out of trend line resistance and moving towards ascending channel resistance. till now 530. Snapshot
Trade ist aktiv
till now 549.90, so total 12.5% gain in 2.5 months, price is approaching the channel resistance. weekly followup chart
Snapshot
Trade geschlossen: Ziel wurde erreicht
price already reached the descending channel resistance line, and tgt is achieved here,

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

Snapshot
Bullish DivergenceChart PatternsDescending ChannelTrend Analysis

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