SUN PHARMA

28 ม.ค. 2022

The stock recently got good healthy retracement from 61.8% which is good sign for trend continuation.
Within wave 5, wave I and II looks complete, and now possibly wave III can unfold towards 921, on down side 777 level will be crucial support to watch out for on the way down, the quarterly result is due on monday and hence there could be some volatility however, wave structure suggests wave III of 5 can now possibly unfold.

overall wave counts

Healthy retracement up to 0.618%

breakout with volume

macd in daily

macd in hourly

rsi in daily

rsi in hourly


Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.