Sunpharma-Long term correction ending-Investment buy 450 to 380
A long term triple zig zag correction in Sunpharma is coming to an end after a 30 month correction.
Investment range from 450 to 380 levels.
Last zig zag is forming a falling wedge.
RSI is below 30 levels in month timeframe...testing this level 1st time in stock history.
EW potential is larger 2nd...
Below 435, potential for price to go an outer extent of 380 levels. Above 530, triple zig zag may have ended.
Investment range from 450 to 380 levels.
Last zig zag is forming a falling wedge.
RSI is below 30 levels in month timeframe...testing this level 1st time in stock history.
EW potential is larger 2nd...
Below 435, potential for price to go an outer extent of 380 levels. Above 530, triple zig zag may have ended.
