BULLISH FORMATIONS IN SUNPHARMA

On the 1 Hour Chart of SUNPHARMA, we can see some beautiful bullish Formations of "Bullish Harami", "Hammer" as well as "Inverted Hammer" on the downside levels of the stock. Thereby, indicating a very strong bullish momentum in next trading sessions. In addition to this, the stock seems to be facing a support at the level of 746.25. As plotted and explained in the chart, we can say that it is being expected that the stock can face resistance initially at the levels of 758.45, 763.85, and 770.95. Closing Price (as on 03.12.21) : 753.35


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