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Dhwani Patel

17th Aug · SEBI-Registered Analyst

Sun Pharmaceuticals - Double top - Exhausted uptrend

SUNPHARMA
is forming a potential double-top structure near the ₹1,950–1,990 resistance zone, with the recent rejection keeping the setup cautious. The neckline/support zone is around ₹1,880; a decisive break below this level would confirm the pattern and could open downside toward ₹1,830–1,800. As long as ₹1,880 holds, the broader uptrend remains intact and the stock can attempt another move toward ₹1,990. A sustained breakout above ₹1,990 would invalidate the double-top setup and signal fresh upside momentum.

#TechnicalViews#Today’sTradingSetup#StockInNews
Screenshot 2026-08-17 154435.png
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