Sun Pharma: A Safe Bet!

1. Stock has given breakout from its minor resistance of 682 – 689,
2. RSI is above 50,
3. SuperTrend has turned positive,
4. Price has closed above 8 days EMA, &
5. More importantly stock has not given close below its strong weekly support of 651 since Apr’21.

Considering these facts, one can buy at CMP
1st Target: 717 – 722
2nd Target: 756
3rd Target: 861 (For long term investment)
Last but not the least; keep Stop Loss at 643 closing prices.

Disclaimer:
This idea is presented just for educational purpose only. You will be solely responsible for your own money & decisions you take.