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2024-08-05 10:40:20 am | Source: Religare Broking
Stock of the day : Sun Pharmaceutical Industries Ltd For Target Rs. 1830 - Religare Broking

Sun Pharmaceutical Industries Ltd.

* After a vertical surge, the stock witnessed an intermediate fall and then rebounded sharply resulting into a rounding bottom pattern.

* It has recently registered a breakout from the same with strong surge in volumes.

* Considering the price action and strength in pharma space, we expect the stock to perform well.

* Traders can consider longs in the mentioned range.

 

Buy Sun Pharmaceutical Industries Ltd CMP 1731.65 Range 1725-1732 SL 1680 Target 1830

 

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SEBI Registration number is INZ000174330

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