OK_Rane

Sun Pharma - 705 Target

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Price has taken support over 585 to 595 level, ABCD pattern has been predicted which gets complete at next resistance level that comes around 690 to 705 level.
Target should be, 690 and 705 with stop loss of 595.
Recently announced dividend that causes this pressure of selling, it has reduced the delivery volume by 2%.
Duration of the trade should be 1 Month




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