weak pharma stock-SUNPHARMA below 772 remain very bearish targets 750-728

SUNPHARMA future chart Sun Pharmaceutical Industries Limited stock is trading at 764 with almost 6% drop on bad results. Stock is top loser in F&O segment.   Technically, SUNPHARMA stock tried to change trend and given swing high up to 835. But again broke major technical pivot support of 816. On downside achieved my targets 790 and 772.   Below 772, stock is technically very bearish and absolute sell for targets 750 and 728. Today hit low around 756.   From long term view, monthly chart suggesting 670 as target zone for this fresh bearish move.   Future traders below 772 can expect shorts targets 750 and 728 in June series. Option traders watch sun pharma 760 and 740 put options for June series.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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