Sun Pharma traded

Sun Pharma_2 March 2015 & Sold @ 8 April

This trade is by far the best trade I remember. Its gives me a immense satisfaction because of the conviction with which I took the trade.

The trade took in 2 parts.

1st Trade

Sun Pharma bought on 2 March 2015 @ 913.15

with in 3-4 days it zoomed up & went sideways for 7-8 days.

profit 14 % approx in 15 days.

Sold on 18 March @ 1045.35 as it was ranged bound hence cut my profitable position as i was going on vacation in Shimla-kullu-Manali (Himachal Pradesh) for 7-8 days.

While on vacation I was monitoring Sun Pharma’s moment.

There was a good support @ 1000 & was trading in a range between 1000 – 1055/1060

with no charts with me I went ahead & took 2nd trade.

2st Trade

Sun Pharma bought on 27 March 2015 @ 1008.10

with in 3-4 days it again zoomed up breaking the resistance @ 1060

Finally Sold on 8 April @ 1153.50

profit again 14 % approx in 7 days.

My entire vacation expenses were covered Thanks to  Sun Pharma.

After this trade Sun Pharma declined & I haven’t took Sun Pharma till 5 June 2017

( When I m writing this blog post)

Hi....I'm Founder of Icarus Wealth, Financial adviser, Positional Trader & trading coach. Very passionate about helping & empowering people to achieve their Financial freedom.

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Posted in Trades

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