Sun Pharma - 24th Dec

Today's Opening - 1546
Today's High - 1576
Today's Low - 1526
Today's Closing - 1567
Previous Day's Opening - 1515
Previous Day's High - 1548
Previous Day's Low - 1503
Previous Day's Closing - 1544
Good positive closing for the stock, with volumes lower than the previous day.
The stock has taken support at the 5-day Exponential Moving Average level of 1526.
The 20-day Commodity Channel Index has remained above 100 for the past two days.
The 14-day Positive Directional Index has been the strongest than the Negative Directional Index since 3rd Dec.
The 3, 10-day Moving Average Convergence Divergence has remained positive since 17th Dec.
The 2-day Relative Strength Index has remained above 98% for the past two days.
The closing candle has just managed to break above the 13, 16-day Ichimoku Kinko Hyo cloud.
In case of any minor corection, the stock will take support at the 5-day Exponential Moving Average of 1526 and having broken the bearish phase, the stock might soon zoom to 1638.

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