Buy Sun Pharmaceutical Industries Ltd. For Target Rs.1010 - Religare Broking
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Sun Pharmaceutical Industries Ltd
* SUNPHARMA has swiftly rebounded of late after testing its support zone of long term moving averages on the daily chart.
* It has attempted to cross the immediate hurdle of medium term moving average (100 EMA), adding to the positivity.
* The chart pattern combined with the rise in volumes is pointing towards a steady up move.
* We thus suggest initiating fresh longs as per the given levels.
Buy Sun Pharmaceutical Industries Ltd BUY CMP 977.65; Range 970-975 SL958; Taget 1010
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