SUN PHARMA

Sun pharma has given breakout with good intensity of volume, and recently pulled back in wave 2, now wave 3 circle is going on and within that, wave I and II are completed recently and wave III has started, all the key levels are mentioned on chart, one can go long at current levels or in dips ( if any ) with stoploss of 750 for targets of 900 - 925 levels.

breakout with good intensity of volume
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wave structure could be like this
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macd in weekly positive crossover above zero line and uptick
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macd in daily positive crossover above zero line
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rsi in weekly bullish and uptick above 70
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rsi in daily bullish and uptick above 60
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dmi adx bullish ungali setup
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upper bollinger band challenged
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stochastic oscillator in daily is also positive and uptick
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Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing



CNXPHARMATechnical IndicatorsPHARMApharmaceuticalsSUNPHARMAsunpharmaanalysissunpharmalongsunpharmatrendTrend AnalysisWave Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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