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SUN

Sun Pharma ready to breakoutBasic observation: a. Between 2020 and now Sun Pharma has grown 131%. The last time it showed such considerable growth was between 2013 and 2014 where it grew by 166%. b. Post having a falling trendline for 59 months (-74.15%) it has been within a rising channel for over 16 months (108%). c. RSI and KST currently showing positive signs d. Prices have been consolidating for for 56 days. e. The price has currently surpassed the 46 days resistance f. In daily time frame, 10 and 20 DMA have cut above 50 DMA and positive movement has begun. DMA's in order when used in Monthly and Weekly time frame too. g. Currently Trading at 703.40 Entry @ 703.80 Target @709.45 Stoploss @ 701.94 (-1.86) Risk to Reward Ratio @ 3.03
NSE:SUNPHARMALong
by daivick
SUNPHARMA LEVELS & TARGETS NSE:SUNPHARMA SUNPHARMA LOOKS BULLISH. Recent pattern is bullish flag and pole. And If you look it on chart it has created inverse head and shoulder patter from 27th May to till now and also FRIDAY it crossed above the neckline and tested the neckline and closed at the neckline. If on Monday it gets proper buying volume then this neckline will act as good support. This neckline is placed at 688 level. 700 is big resistance as most of Call OI is on 700. Once it breaks this 700 then long up move will be there in SUNPHARMA. LEVELS and TARGETS for long/buy trade area shown on charts. All the best for trading in next week. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts.
NSE:SUNPHARMALong
by Trading_hawk
Sun TV – Trending Fan Pattern, Resistance breakout above 558Technically Stock has habit creating Trending Fan pattern same can be seen in Monthly (Black Lines), Weekly (Red Lines) as well as Daily Charts (Green Lines). This Time Stock gave Bullish Trending Fan Breakout around 470 levels, mostly due to Exit polls of TN election where DMK is expected to win. On weekly Chart a Small Resistance is seen around 558, crossing same 2 year accumulation will get over and stock should start zooming in Short Span of Time. Entry – CMP Stop loss - 470 (515 after price runs up) Target 1- 745 Target 2 – 985 Duration - 6 months to 1year (since target is huge) All numbers are weekly based Bussiness model: Running TV channels for South India Dividend yeild 4.81% Promotor holds 75% stock 0 debt company, (Debt free from last 10 years) Profit continuously growing with good cash flow statement Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
NSE:SUNTVLong
by SagirKazi
Sun Pharma Study I am a novice and following this chart using Fisher Transform, Volume and Trendline. Fisher Transform is much more effective than other indicators like MACD etc. You can see it triggered short at the highest point as it crossed the trigger line, and indicated a 'Close Long' or 'Enter Short' You can use Intraday Fibo also for more confirmation. Fisher Transform can create false signal also. So stay alert. Its a good tool , please do experiments before you start using it live. If you like the strategy please hit the like button and let me know if it is working out for you guys. Thanks
NSE:SUNPHARMALong
by nilanjan62