Triple Bearish Divergence in SunPharma

6 de mar. de 2018

As seen in above charts triple stochastic divergence is seen in SUNPHARMA giving a confidence of clear bearish phase.
Short SUNPHARMA at 530 with a target of 511(T1), 498(T2) & 466(T3). Stop loss of 542 is recommended.

7 de mar. de 2018

Trade ativo

Sell at 526

8 de mar. de 2018

Trade ativo

Target T1(511) achieved.....

9 de mar. de 2018

Trade ativo

Sunpharma is moving up. Still it seems there will be greater correction by next week.

9 de mar. de 2018

Trade ativo

Hold on short position. T1(511) again achieved.

10 de mar. de 2018

Trade ativo

T2 i.e. 498 support will be breached on Monday? This is by far the strongest support level for SunPharma.

15 de mar. de 2018

Ordem cancelada

Cancelling the trade at 525. No profit, No loss. It seems, there's no bearish movements further.

17 de mar. de 2018

Nota

Stochastic divergence still continuing...