MTECHTIPS:- SUNPHARMA

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MTECHTIPS:-     SUNPHARMA:-        SUNPHARMA is in HOLD SHORT position Share has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below497.6 Buy if above 563.0 The SUNPHARMA is now trading in highly oversold level. The oscillator is showing SELL signal.The short term sell signal is supported by 75 % indicators.  Intraday trend-Buy is advised above 516 with a stop at 501.7 Below 497.6 go for sell The intraday signal is SELL and it is supported by 78 % indicators.

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