Sun Pharma Price Action behaviour
Aktualisiert
It has followed this trend line for a long time and broke it. Post that, it again retested the trend line and it's on the verge of breaking last swing low on daily basis. Keep an eye on the stock.
If it breaks the previous low, it will go around 980-930 as after 1000 level it's going to be a steep fall.
1. Level of 980, coincides with a Pivot level
2. There would be call-unwinding if level of 1000 is broken
Simple charts, so that, everyone can understand.
I'll be posting more such ideas like this. Until that, like share and follow :)
Thanks,
Wayfarer.
keep learning and keep earning.
If it breaks the previous low, it will go around 980-930 as after 1000 level it's going to be a steep fall.
1. Level of 980, coincides with a Pivot level
2. There would be call-unwinding if level of 1000 is broken
Simple charts, so that, everyone can understand.
I'll be posting more such ideas like this. Until that, like share and follow :)
Thanks,
Wayfarer.
keep learning and keep earning.
Trade ist aktiv
Support 1 tested. Short Sell Target achieved.Next, it should stay below 997-1000 and try to test it once.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.