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akshay1808
6 mar 2018 15:07

Triple Bearish Divergence in SunPharma Short

SUN PHARMACEUTICALNSE

Opis

As seen in above charts triple stochastic divergence is seen in NSE:SUNPHARMA giving a confidence of clear bearish phase.
Short NSE:SUNPHARMA at 530 with a target of 511(T1), 498(T2) & 466(T3). Stop loss of 542 is recommended.

Zlecenie aktywne

Sell at 526

Zlecenie aktywne

Target T1(511) achieved.....

Zlecenie aktywne

Sunpharma is moving up. Still it seems there will be greater correction by next week.

Zlecenie aktywne

Hold on short position. T1(511) again achieved.

Zlecenie aktywne

T2 i.e. 498 support will be breached on Monday? This is by far the strongest support level for SunPharma.

Anulowano zlecenie

Cancelling the trade at 525. No profit, No loss. It seems, there's no bearish movements further.

Komentarz

Stochastic divergence still continuing...

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