PriceActionTrader1

SUNPHARMA price action analysis

Long
NSE:SUNPHARMA   SUN PHARMACEUTICAL
SUNPHARMA is in a ttm squeeze with increasing momentum which indicates that it could give big move up anytime soon.

Besides that, below are the additional confirmations that makes it bullish for short term.
1) All the EMAs are stacked up
2) It bounced off of 21 EMA and now it's consolidating at the resistance level which it created a month ago.



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