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dhami2836
Mar 15, 2020 7:26 AM

Heavy accumulation or distribution?? 430-450?? Education

SUN PHARMACEUTICALNSE

Description

Watch out this counter!!
> buyback is going to announced
>200 month EMA support near 340-350
>positive RSI divergence on weekly chart

MY OBSERVATION:
> pharma and auto stocks have positive divergence as it is oversold since couple of years. if there will be weakness in market do not short that sector for time being.
> go with market leaders in that sectors you will have good return.

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