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Sun Pharma Short Term Reversal

Short
SUN PHARMACEUTICAL (NSE:SUNPHARMA)  
tradewidmufeeth  
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Trend Analysis Chart Patterns indianstocks swingtrading reversal SUNPHARMA short
3
0
trendanalysis chartpattern indianstocks swingtrading reversal sunpharma short
The stock has failed to breakout the upper trend line and might undergo a correction. Trade is supported by Resistance and Upper Trendline.
Risk Reward Ratio - 1:1
SL is placed above all time high & the upper trendline. The target is placed near lower bollinger band.
Daily PSAR has also signaled a reversal.
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