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raigvivek
Jan 7, 2024 2:21 PM

Perfect on-neck pattern breakout on daily chart Long

SUN PHARMA ADVNSE

Description

A Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:SPARC

MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.

One can create a fresh position in the scrip as per the levels mentioned on the chart.

Risk Disclaimer:

The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.

Trade closed: stop reached

SL triggered........
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