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ECONOMIC CALENDER – JULY 9th -13th REPORT DATA.

 

SUNPHARMA: PROFIT ON LOW RISK-BULLISH

    Sunpharma is at very good buying zone and yet to form a bullish impulse. At the point 482.05, the market printed a sharp breakout impulse and divert the market into the bull lane. After the change, again the market been through a correction-breakout setup (shown in the graph). Although, Back to back correction-breakout structure formation confirms the next move might be in bull lane. Even the market printing signals at 570.20 as a flag correction and yet to form a potential impulse to reach the top with a breakout setup. So, placing the buy trade setup at this point will give you a nice reward in low risk. By the facts, if the break out appears mean, the signals will soar like a quick jet to the top. I’m expecting the run may up to 642. In a negative view, if accidentally the candles start to grow in a bear lane from the current price action means. End the trade at 538.35 EYES ON CHART, WATCH THE MOVE AND DECIDE YOUR TRADE. SIGNAL SPECIFICATION: Pair: SUNPHARMA Order: BUY Entry: 570.20. Take profit:642.00 Stop loss: 538.35 Risk Vs Reward: 2.25. Our Unique Features: 1. Follow our 15 signals ….10% […]


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