SPARC
SPARC from 4 June 2021The stock has given breakout with good pattern
Major Support : 200-206
Minor Support : 218 -222
Upside move:
above 226 minor long can be taken
above 240 major long can be taken
Target : 250 -> 260 -> 275
SPARC may Sparc soon : Buy if below condition satisfiesThe chart is creating Pennant pattern but not completed yet.
Buy if the price crosses the resistance line and closes above it with that it should create a new candle above the resistance line then buy it.
Expecting Target of 250, 275, 290.
I'm not giving you a specific entry so that u have to check the chart daily.
Finally as always apply a bit of your studies and buy.
NSE:SPARC
SPARC: Stormy wave 3 ?After long term correction, stock has given a breakout of a long term downtrend line & restested as well. On observation we can find an inverse Head and Shoulder pattern. The prices has given a breakout above the neckline of the inverted H&S with strong volume on weekly chart.
On the perspective of wave analysis, we can clearly count the up move from the bottoms to the necklines a full impulse 1-2-3-4-5 as wave- (i) and the right shoulder correction as a wave -(ii). The Breakout above the neckline (wave-(i) should be considered as the starting of the wave-(iii).
One should buy the stock on current levels & add on dips till the neckline level. Maintaining a stop loss of 160 one should one should remain invested and look for the measured target for inverse H&S as 330 and wave-iii minimum target guideline as 345. holding these levels in future , stock will likely to move upwards for the targets of 450 area.
INVESTMENT STRATEGY:
Buy on cmp : add on dips, SL: 160 tgt: 330-345 /400/450
SPARC - CMP: 220 Go Long!Over a Year after, It has given breakout with a good delivery volume. It has given rounding bottom breakout in a longer and shorter time frame. We can expect a pattern price target as 235 to 250 in the near term. Also, long-term investors can hold stock with a target of 330.
Inverted Head & Shoulder Pattern Breakout* Inverted Head & Shoulder Chart Pattern Breakout with extremely high volume .
Sun Pharma Advanced ResearchIt has come to a very strong Monthly as well as Weekly support per ICHIMOKU. It could be a very good medium to long term accumulation zone (125-160) here for targets of 250/300 and more.
SPARC - 15MIN DOUBLE BOTTOMNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
sunpharma +Month frame = magic of patience I am biased may be so take positions according to own study
on month frame
stock now formed a base at 440/480 area
this will be acting as ROCK SUPPORT in any big fall if comes
the stock seems amazing now on higher frames and is good to get in area
540 to 580 for expected target 640/665 (time required could be upto march ..
above 685 the stock likely to give moves upto 850 (this is my personal feeling that could be due to results ) , am a buyer as long as stock is above 520 level (trading wise sl)
SUNPHARM_ADV_RESRCH Channel Breakout SPARC is moving in a channel for a while.
Made a good leg up on account of the results, awaiting a breakout/reversal.
