Bearish Harmonic - SUNPHARMA (Daily)

Hello Traders,

We have observed bearish Garltey pattern on Sun Pharmaceutical Ltd daily chart. We expect price to resist in PRZ and reverse. Here, PRZ is made of AB=CD, 0.786XA, 1.27AB, and 1.27BC Fibonacci ratio confluence. This potential trade setup has a risk/reward ratio of 1:1.1 for target-1 and 1:1.8 target-2.

Happy Trading!!!