sun pharma looks bullish in short term.
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in weekly, price bounced from downtrend channel support, regular bullish divergence formed here. price should move towards channel resistance.
Dagangan aktif
till now 483.40Dagangan aktif
big move today, closed at 503.35.Dagangan aktif
cmp - 503.25, price is facing resistance at the down trend line, Nota
In a closer looks we can see ascending channel here, price bounced from support, now it ll try to break the trend line resistance. Dagangan aktif
price broke out of trend line resistance and moving towards ascending channel resistance. till now 530. Dagangan aktif
till now 549.90, so total 12.5% gain in 2.5 months, price is approaching the channel resistance. weekly followup chartDagangan ditutup: sasaran tercapai
price already reached the descending channel resistance line, and tgt is achieved here, Nota
cmp - 536, price broke out of descending channel then it retested the broken channel resistance , horizontal support also helped it to reverse and bounce back.Nota
In daily, price closed above upper BB with good volume and BB is expanding , looks bullish, 585+ is near term tgt , 
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