Sun Pharma to continue downtrend

28 בנוב׳ 2016

Sun Pharma has been trading in down trend and trading in bearish channel respecting support and resistance although it fell sharply by making false break and again entered into the channel. It closed today on the edge of channel resistance but unable to make breakout, traders may wait to see the breakout and enter accordingly, if breakout occurs go long and if not go short with a target of somewhere between 650-635.

29 בנוב׳ 2016

עסקה פעילה

stay short sun pharma till target.

1 בדצמ׳ 2016

העסקה בוטלה באופן ידני

close sun pharma short positions, it may retest the broken level before going up then exit close to short entry price.