Sun Pharmaceutical Inds. – 15.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bearish.

Trend Strength: Moderate

First Target: 608 (Pivot point)

While SUNPHARMA holds inside this channel it has potential to rise.

To confirm further rise towards channel resistance need close above Pivot point.

While stock holds between channel support and Pivot point it could move sideways.

In other words, it could keep bouncing between these two important levels.

If there is close below channel next stop should be Support zone.

Close below it would confirm fall towards previous lows and maybe lower.


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