Hemen Kapadia of KRChoksey Securities told CNBC-TV18, "Sun Pharmaceutical Industries is in 18 year uptrend and that is a big timeframe. Even if one were to witness a reversal, it will take time to reflect on the charts and that's not yet visible on the long-term charts; monthly and quarterly charts.""In terms of levels, Rs 800 is crucial. If that breaks on the monthly chart in terms of closing then I would be slightly worried. If it closes above Rs 960 then the stock should be back on track. I suggest a hold," he added.
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