**My View on SUNPHARMA — Daily Chart**Sun Pharmaceutical Industries LimitedNSE:SUNPHARMAsalaisargunansp**1. Key Observation** SUNPHARMA is near the resistance breakout zone, but current volume does not show strong breakout confirmation. **2. My View** I will wait for tomorrow’s volume. If price breaks resistance without strong volume, I will consider it a possible fake breakout and watch for short-side opportunity. **3. Invalidation** The short view becomes weak if SUNPHARMA sustains above the breakout zone with strong volume confirmation. **4. Risk-Reward** From the current level, the setup gives an approximate **1:16 risk-reward** for the short-side study. **5. Target Point / Range** Target: **₹1,777** **6. Why It’s Good for Short** This setup is good for short because price is near resistance, but breakout volume is missing. If buyers fail to confirm strength, rejection from this zone can lead to a downside move. **7. Time Period** This view is for the **July short option contract**. #SUNPHARMA #SunPharma #PharmaStocks #NiftyPharma #PriceAction #VolumeProfile #FakeBreakout #BreakoutFailure #ShortSetup #OptionsTrading #JulyContract #IndianStockMarket