Stock Radar: Sun Pharma stock showing signs of bottoming out; breaks above falling trendline resistance on daily charts
Sun Pharma's stock has shown a strong rebound, breaking a year-long downtrend and a descending triangle pattern. Experts suggest this bullish reversal, supported by increased volumes and trading above key moving averages, could propel the stock towards Rs 2000 in the coming months. Traders are advised to watch the Rs 1750 support level.
Sun Pharma's stock has shown a strong rebound, breaking a year-long downtrend and a descending triangle pattern. Experts suggest this bullish reversal, supported by increased volumes and trading above key moving averages, could propel the stock towards Rs 2000 in the coming months. Traders are advised to watch the Rs 1750 support level.
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