Sun Pharmaceutical Industries Limited
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SUNPHARMA - AT RESISTANCE

79
Stock showed a good rally with good volume, currently resisting at falling gap resistance + Fib .50 , and the resistance is backed by the RSI, hence seems like stock is in a make or break situation.

Current structure of the stock suggests it will go for a dip til 380 levels.

I am gonna use the lower time frame to time the trade.

Risk reward ratio also looks favorable.
Stop loss 510
Target 380

Don't follow blindly, do your research please.

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