Sun Pharma has given trendline breakout with rising volume at 657. Also Stock has formed higher bottom around 623 and made hight top around 657. So technically its double breakout.
One can initiate long position around 665-668 with stop loss of 623 (closing basis) for target of 731 in coming 6-8 weeks.
One can initiate long position around 665-668 with stop loss of 623 (closing basis) for target of 731 in coming 6-8 weeks.