Systematix Shares' research report
Sun Pharma is currently trading above important support level of 585 It also managed to close above upper Bollinger band. The volumes are higher since last 5 days indicating good accumulation after break‐out. RSI above 60 level indicate rising momentum in the counter. Traders can buy at or above Rs 600 for a target of Rs 619 with a stop loss of Rs 589.
Tata Coffee gave a breakout from Inverse Head Shoulder pattern with a rise in volumes. .price also closed above upper Bollinger band indicating higher volatility in the next few days. RSI is also exhibiting a positive crossover.The stock is expected to continue its upswing. Traders can Buy at or above Rs 1025 with a stop‐loss of Rs 1005 for a target of Rs 1059.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
