Sunpharma today for the 10th consecutive session has failed to sustain above 700. With a completion of the 5th wave at .618 of the fibo and multiple failed attempts Sunpharma is ready for a short.
My view short for risky traders CMP with a Sl of 720 and targets of either the support zone marked (trend and horizontal line) or you're appetite.
Safe traders can short below 685 with SL 705-720 and same target zones.
My view short for risky traders CMP with a Sl of 720 and targets of either the support zone marked (trend and horizontal line) or you're appetite.
Safe traders can short below 685 with SL 705-720 and same target zones.
交易進行
BOOM the downside move came as expected. Stoploss can now be trailed till 705 with the same targets still intact.交易進行
Since I have not update my positions 50% has been booked and 660. One can now place a trailing stoploss at 698-700. I'll be booking 25% at 630 and the rest around 600.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。