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tradewidmufeeth
Aug 26, 2021 9:27 PM

Sun Pharma Short Term Reversal Short

SUN PHARMACEUTICALNSE

Description

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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