SPARC
SPARC - Ichimoku Bullish Breakout Stock Name - Sun Pharma Advanced Research Company Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 255
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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SPARC : on BO line Based on the past couple of days' momentum of SPARC, high probability of crossing the resistance. If sustains above 242, we can see 263 immediately and may test 290-300 levels.
2022-10-13:
Close Crossing 4 week High, Also daily close forming- Shooting Star
On Daily daily and Weekly time frames close above 20 SMA
Also Close crossed Weekly SMA-13 Upside RSI- M:50.6 WK:51.9 D:58.9
2022-10-12:
On Daily time frame SMA 13 crossed SMA 55 from Bottom
RSI- M:49.5 WK:49.1 D:54.6
2022-10-10: Close Crossed WK & Monthly Pivots Upside
RSI- M:49.2 WK:48.3 D:53.4
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SPARC - MACD CROSSOVER 📊 Script: SPARC (SUN PHARMA ADVANCED RESEARCH COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY PHARMA
📊 Sector: Healthcare
📊 Industry: Pharmaceuticals & Biotechnology
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving Breakout.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 Right now RSI is around 73.
⏱️ C.M.P 📑💰- 241
🟢 Target 🎯🏆 - 280
⚠️ Stoploss ☠️🚫 - 226
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Expecting a Bullish Move in SPARCAs per the 2 Hour Chart of SPARC, we have witnessed a Formation of “Hammer”.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 316.75, 319.85, and 327.20. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 307, on closing basis.
Closing Price (as on 12.01.22) : 311.90
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
SUN PHARMA ADVANCED RESEARCH DAILY CHART ANALYSIS AS ON 29.12.21SUN PHARMA ADVANCED RESEARCH COMPANY as per daily chart analysis stock once resistance 295 broken then above 296 for a target 304. Tomorrow there will be a gap down or initial bearish candles in the early sessions. Watch out and trade profitably.
Roller Coaster Day for Nifty, Closing will be very Important.Good Morning,
Get Ready for a Roller Coaster Day.
Just like we had stated in the earlier week, we did witness that the Market has been consolidating between the levels of 17700-17900.
In addition to which, however, the index managed to give a closing of above 17700, on the last trading day. Which, altogether was a good sign for the Market and its Participants.
So, for Today, it will be suggested to watch out for the closing of Nifty and to be Cautious as today will be a Roller Coaster Day.
Moreover, This week’s 8 ke Thaat includes the following 8 picks:
CASTROLIND, INDIACEM, NATCOPHARM, ZEEL, TATACHEM, SPARC, CANFINHOME and COROMANDEL.
Regards,
Alok Daiya
Breakout in Sun Pharma Advanced Research Company (SPARC)...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 (17%) achieved in SPARC. Target 2 is ON...This is follow-up on Sun Pharma Advanced Research Company (SPARC). Can check link to related ideas.
Target 1 achieved. More than 17%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Sun Pharma Adv - Broke Major Resistance | Positional IdeaHighlights:
1. Broke out of a major resistance
2. Volume expansion
3. Bullish market structure
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
About the Company:
Sun Pharma Advanced Research Company Ltd is engaged in pharmaceutical research and development.The product range of the company includes: NCE Projects- Under this the company is currently working in therapeutic areas namely anti-allergy, soft steroid, anticonvulsant and muscle relaxant.NDDS Projects- Under this the company is working on delivery system based platforms such as biodegradable implant, nanoemulsion, dry powder inhalation technology, wrap matrix controlled release systems and gastro retentive system for controlled release. The company is focused on innovating drug delivery technologies requires for treatment of cancers and psychiatric ailments.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SPARC : Flag & Pole with high volumeSPARC :
-Filtered in strategy#2
-Good Volume
-Flag&pole pattern
- Ready for BO.
- Good R:R:
-Holding may be 6 month
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing