SUN PHARMACEUTICAL IND L
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Sun Pharmaceutical, Bearish - Sideways

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The stock has seen exponential rise since last many months without any intermittent major corrections. The fresh trend lines created have been breached now, and stock seems to have entered into sloping / sideways channel since Feb. Expect to see corrections upto 1300-1250 or upto the trend line which will be healthy for accumulation & gather momentum for future uptrend.
Trade ativo
On 4th June 2024, stock touched low of 1377/- and started uptrend. On 25th July 2024, stock gave strong break out from the channel & continued its uptrend.

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