Sun Pharma | Short | Swing

Pharma sector is having a good selling pressure now and this is evident in top Pharma heavyweights like Sun Pharma, Divis etc.

There is a clear rejection of pivots - Weekly & Daily and you can see the Lower highs being formed which clearly shows that buyers are certainly not in control.

I have taken short positions for a Monthly target of around 1740 levels.

Let's see...