Sunpharma may make turn around from 453
453 is the support of 8/1 ascending angle and the stock may find bottom at 453.
Kommentar:
On May 20th support was defined at 435. On 21st May Sunpharma touched bottom at 443.75 and started upward journey, thereby giving a return of 40% (approx.). Further up move can be seen up to 665, where there is 1/1 resistance. It it crosses, Sunpharma will have unhindered up move from there on. Support at 554.50