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SPARCSparc - CMP 198 Sun Pharma Advanced Research Company Ltd is engaged in the business of research and development (R&D) of pharmaceutical products. Star products of Portfolio 1 Vodobatinib - A selective, brain penetrant c-Abl kinase inhibitor moderating oxidative stress response. Potential disease modifying therapy with applications in several neurodegenerative diseases. 2 SCD-153 - novel mechanism in Alopecia Areata 3 Vibozilimod - S1P R1 agonist in clinical PoC studies for multiple derma autoimmune diseases 4 SBO-154 - Antibody Drug Conjugate targeting a unique epitope of MUC-1. This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong... Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
NSE:SPARCLong
by Alleyshah
2
SPARC Breaking Channel Formation Above 250Details: Asset: Sun Pharma Advanced Research Company Ltd (SPARC) Breakout Level: Above 250 Potential Target: Upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Sun Pharma Advanced Research Company Ltd (SPARC) is showing signs of a potential breakout above the 250 level, breaking out of a channel formation. Sustaining above this level could indicate a bullish sentiment shift and pave the way for a significant upmove. Market Analysis: Technical Breakout: Breaking out of the channel formation and sustaining above 250 suggests a technical breakout, potentially attracting buying interest and driving the price higher. Market Sentiment: Positive market sentiment or company-specific factors may be contributing to the anticipated breakout in SPARC. Potential Target: The potential upside target for SPARC is not specified but is expected to be significant if the breakout sustains. Risk Management: Implementing a stop loss strategy below the breakout level is essential to manage risk in case of unexpected price reversals. Timeframe: The projected upside move for SPARC is based on a short to medium-term outlook, but actual timing may vary based on market conditions. Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio. As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions.
BSE:SPARCLong
by CyborgTradingHub