SUNPHARMA WAVE ANALYSIS (NIFTY)

15 Tem 2018

SUNPHARMA has been forming a triangle and at present it is in the last or the 5th leg of the triangle. Even in the 5th leg of the triangle it formed a triangle of a shorter degree which has just now completed, now if price breaks the orange trendline just below price we can get get a very good shorting setup with good momentum but if price breaks the blue trendline to the right and continue to move upward then chart will unfold into a complex correction. For more updates stay tuned.

16 Tem 2018

İşlem kapandı: hedefe ulaştı

As said it moved in the same direction with great momentum shortening your way to riches.