1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Sun pharma advance research

Discussion in 'Technical Analysis' started by verenmitter2001, May 14, 2013.

  1. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi shabbir
    What's your view on this stock.
    It has gained 14% in a day

    Regards
    Veren
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Nice W but then 14% is too much for anything to be doing today. Keep it in your watch list.
     
  3. writetodeepaksharma

    writetodeepaksharma New Member

    Joined:
    May 17, 2012
    Messages:
    26
    Likes Received:
    1
    normally such big moves are backed by some positive news in the stocks, like for example in pharma stocks it could be getting a approval of a drug, or receiving a patent of a particular drug, the quantum of the move is decided by sentiments, long term benefits, earnings as well. in this case it is the earning of the company

    http://www.business-standard.com/ar...in-the-march-2013-quarter-113051400877_1.html

    regards
    deepak