SUNPHARMA
SUNPHARMA LOOKS BULLISH.
Recent pattern is bullish flag and pole. And If you look it on chart it has created inverse head and shoulder patter from 27th May to till now and also FRIDAY it crossed above the neckline and tested the neckline and closed at the neckline.
If on Monday it gets proper buying volume then this neckline will act as good support. This neckline is placed at 688 level.
700 is big resistance as most of Call OI is on 700. Once it breaks this 700 then long up move will be there in SUNPHARMA.
LEVELS and TARGETS for long/buy trade area shown on charts.
All the best for trading in next week.
Comment below if my Ideas are helping you to understand the levels.
Also comment your suggestion or doubts.