SUNPHARMA - possible correction
SUNPHARMA -- Quick up move from 925 to 1050+ levels in 2 weeks.
Based on Harmonic pattern - we can see Bearish Cypher in hourly time frame.
And even though the Market is in a strong uptrend yesterday - we see a fall from 1053 to 1032.
If the trend continues after slight consolidation at 1026- 1018 levels, we should be testing 972 soon.
1024 will be critical for support - keep an eye & trade carefully.
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Based on Harmonic pattern - we can see Bearish Cypher in hourly time frame.
And even though the Market is in a strong uptrend yesterday - we see a fall from 1053 to 1032.
If the trend continues after slight consolidation at 1026- 1018 levels, we should be testing 972 soon.
1024 will be critical for support - keep an eye & trade carefully.
Add to watchlist.
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