SUN PHARMA | Inverted Head & Shoulders Breakout

379
Sun Pharma has completed an Inverted Head and Shoulders pattern on the daily chart, signaling a potential bullish reversal.

📈 Entry: Buy above ₹1800 (breakout confirmation)
📉 Stop Loss: ₹1722 (below right shoulder support)

🎯 Targets (based on Fibonacci extensions & previous resistance zones):
• ₹1837.30
• ₹1875.35
• ₹1914.20
• ₹1953.90
• ₹1994.35
• ₹2034.55

The neckline breakout has occurred with decent volume, reinforcing the validity of the setup. As always, risk management is key — trailing stop loss recommended as price moves in favor.

💡 Disclaimer: This is for educational purposes only. Do your own research before making any trading decisions.

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。