Tuesday, November 2, 2010

SUN PHARMA - www.ashudutt.com

SUN PHARMA - SHORT TERM: STRONG, LONG TERM: STRONG, PREVAILING BIAS: NONE
Both the short term and long term charts are strong. The stock has no resistance at the moment. And it has risen straight from 1700. Also the floating stock is just 10%. Promoters hold 63% and Institutions hold 17%. The stock could head up strongly from this point. Hold it if you have it. Fine for a trade too with a stop loss at around 2000

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