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SUNPHARMA - Bullish Consolidation - Volume Spike
SUN PHARMACEUTICAL IND L
Viés de alta
SUNPHARMA - Bullish Consolidation - Volume Spike
Por BrahmaBull31
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28 de set. de 2022
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28 de set. de 2022
NSE: SUNPHARMA is closing with an bullish consolidation candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Candlestick Analysis
consolidation
Supply and Demand
swingtrade
Trend Lines
volumespike
BrahmaBull31
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