Sunpharma update

11 Şub 2019

It seems like we are in wxyxz pattern. Today we touched, 421 level filling the gap and bounced from the same level to 433.5, but the upmove doesn't look convincing enough. Now, going short in a bullish trend, and without proper SL doesn't look like a good setup, and going long is risky. We would wait instead for below levels if we get a chance.

Thank you.