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SUNPHARMA

Sun Pharma – Double Bottom and Trendline Test AheadChart Summary Sun Pharma’s weekly chart shows a completed W–X–Y corrective structure. Wave W bottomed near ₹1,553.05, followed by a corrective X at ₹1,851.20, and Wave Y terminating at ₹1,556.20. This final Y-leg has unfolded as an abc zigzag, respecting the larger corrective framework. Price Action Highlights A potential structural double bottom has formed around the ₹1,553–₹1,556 zone, hinting at possible exhaustion of the correction. The latest candle is a hammer-like bar, suggesting demand stepped in around support levels. Overhead, a major downtrend resistance line connecting the highs (₹1,960.35) to the swing X (₹1,851.20) remains the decisive breakout level. A clear stop-loss line sits near ₹1,520.40, aligned with the 100% extension of Wave A inside Y. A break below this level invalidates the bullish case. Volume Perspective Recent selling has come with a volume spike, often seen during exhausation selling phases. If volume eases on follow-up candles while price holds above the support zone, it strengthens the case for a reversal. Outlook If price can sustain above the ₹1,553–₹1,556 support cluster and eventually break the trendline resistance, it may confirm the end of the corrective phase and open the door for a new impulsive sequence higher. Failure to hold the stop-loss zone, however, would negate this view and suggest further downside. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:SUNPHARMALong
by WaveXplorer
SUNPHARMA - Weekly- LONGA simple and clear analysis of the Sun Pharma weekly chart based on trend, volumes, momentum, RSI, ADX, and chart structure: Trend: The stock has been in a broad consolidation for many months. It was making lower highs, forming a downward sloping trendline. Now the price is trying to break above that trendline. This shows the first sign that the downtrend may be ending and a fresh upward move may start. The long-term trend is still positive because the price has stayed above the major support zone around 1550–1600. Chart pattern : The chart is showing a descending trendline with multiple touch points. The stock has bounced strongly from the support zone and is now testing the trendline. A clean breakout above this trendline will confirm a trend reversal. Volumes: Volumes have been stable but not very strong. However, during recent green candles, volumes have slightly increased, which shows buying interest returning slowly. A breakout with higher volume will give more confidence. Momentum (MACD) The MACD has crossed above the signal line, which indicates bullish momentum building up. The histogram turning green also supports the idea that the momentum is improving. RSI : RSI is around 59, which means the stock is gaining strength but is still not overbought. This is a healthy zone for an early-stage uptrend. ADX : ADX is around 10, which indicates that the current trend strength is weak. It means the stock was in a range for a long time. As price breaks out and ADX starts rising, the new trend will get stronger. Overall view : Sun Pharma is showing early signs of a trend reversal. Price is near a trendline breakout, momentum indicators have turned positive, RSI is rising, and the stock is holding a strong support zone. A confirmed breakout above the trendline with good volume can start a fresh upward move.
NSE:SUNPHARMALong
by PowerOfTA
5
#Cipla - #ShortTerm #Inveatment IdeaCipla Ltd - Technical Analysis Current Price: 1,639.10 Timeframe: Monthly Chart Analysis This analysis utilizes: - Monthly and Weekly timeframe analysis - Fibonacci extension and retracement levels - Support/resistance identification - RSI momentum analysis - Price action patterns Technical Structure Overview 1. Monthly Consolidation Phase After making a higher high, Cipla is currently in a consolidation phase on the monthly chart, forming a strong base. This consolidation suggests preparation for a potential significant move higher. 2. Breakout Level to Watch The critical level to monitor for breakout confirmation is around the recent high zone. A decisive break above this level could trigger the next leg of the uptrend. 3. Weekly Timeframe Confirmation For higher probability setups, confirmation should be sought on the weekly timeframe before taking any positions. This multi-timeframe approach reduces false signals. 4. Fibonacci Extension Targets Based on Fibonacci patterns, the following extension levels have been identified as potential targets for future price movement. 5. Risk Management Strategy Following a risk-reward approach is essential for this setup given the consolidation phase and potential for significant moves in either direction. Fibonacci Extension Target Levels Based on technical projections: - Target 1: 1,872.70 (1.272 Extension at 1,878.05) - Target 2: 1,986.95 (1.414 Extension at 1,987.15) - Target 3: 2,145.45 (1.618 Extension at 2,143.95) Key Support Levels Primary Support: 1,345.75 (0.5 Fibonacci level) Critical Support: 900.50 (0 level - invalidation zone) Trading Considerations Bullish Scenario: - Wait for monthly candle close above consolidation range - Confirm momentum on weekly timeframe - Enter on weekly pullback for optimal risk-reward Invalidation: - Break and close below ₹1,345.75 would weaken the bullish structure - RSI showing divergence patterns to monitor DISCLOSURE & RISK WARNING: This analysis is provided for educational and informational purposes only and should not be construed as financial advice, investment recommendation, or an offer to buy or sell securities. Past performance is not indicative of future results.
NSE:CIPLALong
by earnwhileulearn
1
SUNPHARMA : The 12-Month Compression SetupAfter correcting 20%+ from ₹1,958 ATH, SUNPHARMA has spent 12 MONTHS building a base around ₹1,629. Classic descending triangle forming at apex. 🔍 Technical Snapshot: 🔺 Resistance: ₹1,700 (trendline + psychological) 🔻 Support: ₹1,629 (tested 5x, holding firm) 📈 RSI: 59 ( bullish, room to 70) 📉 Pattern: Descending triangle - lower highs meeting higher lows What I'm Watching: 1️⃣ Trendline resistance at ₹1,700 (declining from ATH) 2️⃣ Each test of ₹1,629 support absorbed with higher lows 3️⃣ RSI sitting neutral - no momentum extreme yet 4️⃣ Volume declining during consolidation = Energy coiling 5️⃣ Breakout & retest of the trendline will be the perfect confirmed setup Risk/Reward from ₹1,679: - Upside to ₹1,970 = +15% - Beyond ₹1,700 = ₹1,800-1,970 in play The longer the consolidation, the bigger the eventual move 👀 Not advice - just what the chart shows. Breakout Scenarios: - Above ₹1,700 with volume → ₹1,750-1,800 targets (+4-7%) - Below ₹1,629 breakdown → ₹1,580-1,550 risk (-3-8%) The Setup: 6 months of compression between declining resistance and flat support = Spring loading. The longer the base, the bigger the eventual move ⚡ Next 2-4 weeks critical. Watching for volume confirmation on direction. 🔥 ⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing. (#DYOR)⚠️ 💬 Share your thoughts in the comments below! ✌️ 🔥 Trade Safe! ✅ 🚀
NSE:SUNPHARMALong
by SuperNova396
TATAMOTORS 1D Time frameCurrent Price: ₹718 Day Range (today): Around ₹705 – ₹725 52-Week Range: ₹535 – ~₹1,000 📏 Key Levels with ₹718 in focus Immediate Resistance: ₹750 – ₹800 (needs breakout above this zone) Current Level: ₹718 → price is right between support and resistance Immediate Support: ₹700 – ₹705 (if broken, could fall further) Next Support: ₹650 – ₹660 (major zone to watch) 🧠 What this means Since price is just above support (₹705) and below resistance (₹750), it’s at a decision point. If Tata Motors holds above ₹705–₹710, buyers may try to push toward ₹740–₹750. If it fails and breaks below ₹705, price may revisit ₹660 levels.
NSE:TMPVLong
by Knowledgehub
BANKBARODA 1D Time frameClosing Price: ₹257.60 Day Range: ₹253.70 – ₹260.00 Previous Close: ₹258.54 📉 Trend Analysis Short-Term Trend: Bearish — The stock is trading below key moving averages, confirming the bearish trend. Medium-Term Trend: Neutral — The stock is in a consolidation phase, characterized by lower highs and lower lows. Long-Term Trend: Neutral — No significant trend identified; the stock is trading within a range. 🔮 Conclusion Bank of Baroda is in a bearish trend with weak momentum. Break below ₹250.00 could lead to further decline toward ₹245.00. Break above ₹265.00 would indicate a potential trend reversal.
NSE:BANKBARODALong
by Knowledgehub
VEDL 1D Time frameOpening Price: ₹468.55 Closing Price: ₹461.40 Day Range: ₹463.00 – ₹469.85 Volume: 2,730,213 shares traded 📉 Trend Analysis Short-Term Trend: Bearish – The stock is trading below key moving averages, confirming the bearish trend. Medium-Term Trend: Neutral – The stock is in a consolidation phase, characterized by lower highs and lower lows. Long-Term Trend: Neutral – No significant trend identified; the stock is trading within a range. 🔮 Conclusion Vedanta Ltd. is in a bearish trend with weak momentum. Break below ₹460.00 could lead to further decline toward ₹455.00. Break above ₹475.00 would indicate a potential trend reversal.
NSE:VEDLLong
by Knowledgehub
HINDZINC 1D Time frameDay Range: ₹478.35 – ₹488.40 52-Week Range: ₹378.15 – ₹575.40 Volume: 284,459 shares traded 📉 Trend Analysis The stock is in a downtrend, characterized by: Lower highs and lower lows. Failure to break above resistance levels. The short-term trend remains bearish. 🔮 Conclusion Hindustan Zinc is in a downtrend with weak momentum. Break below ₹470.00 could lead to further decline toward ₹460.00. Break above ₹495.00 would indicate a potential trend reversal.
NSE:HINDZINCLong
by Knowledgehub
1
SENSEX 1D Time frameOpening Level: ₹80,500 Current Level: ₹80,15.23 Day's Range: ₹80,300 – ₹80,800 🔑 Key Support & Resistance Levels Immediate Support: ₹80,500 Immediate Resistance: ₹81,000 Pivot Point: ₹80,745.23 📊 Market Sentiment Trend: The Sensex has experienced a six-day losing streak, indicating bearish momentum. Reuters Volume: Trading volume is significantly higher than its 20-day average, suggesting increased investor activity. 📈 Strategy (1D Timeframe) 1. Bullish Scenario Entry: Above ₹81,000 Stop-Loss: ₹80,500 Target: ₹81,300 → ₹81,500 2. Bearish Scenario Entry: Below ₹80,500 Stop-Loss: ₹81,000 Target: ₹80,200 → ₹80,000 ⚠️ Risk Management Limit risk to 1% of capital per trade. Always use stop-loss to protect against unexpected market movements. Monitor broader market trends and sector-specific news that may impact index performance.
BSE:SENSEXLong
by Knowledgehub
4
NIFTY 1D Time frameOpening Level: ₹24,691.10 Current Level: ₹24,765 Day's Range: ₹24,500 – ₹24,900 (approximate) 🔑 Key Support & Resistance Levels Immediate Support: ₹24,500 Immediate Resistance: ₹24,900 Pivot Point: ₹24,765 📊 Market Sentiment Trend: The NIFTY 50 has experienced a six-day losing streak, indicating bearish momentum. NDTV Profit Volume: Trading volume is higher than average, suggesting increased investor activity. 📈 Strategy (1D Timeframe) 1. Bullish Scenario Entry: Above ₹24,900 Stop-Loss: ₹24,500 Target: ₹25,100 → ₹25,300 2. Bearish Scenario Entry: Below ₹24,500 Stop-Loss: ₹24,900 Target: ₹24,300 → ₹24,100 ⚠️ Risk Management Limit risk to 1% of capital per trade. Always use stop-loss to protect against unexpected market movements. Monitor broader market trends and sector-specific news that may impact index performance.
NSE:NIFTYLong
by Knowledgehub
1
ITCITC Daily Snapshot Current Price: ~₹405 Day’s Range: ~₹401 – ₹406 🔍 Key Levels Support: Around ₹399 – ₹401 (near-term buying zone) Resistance: Around ₹409 – ₹412 (supply zone) 📈 Technical Picture Trend: Slightly bearish to sideways, but stabilizing above ₹405 gives some strength RSI (Daily): Neutral zone, neither overbought nor oversold Moving Averages: Price is close to short-term averages, so a decisive breakout above ₹409 is needed for bullish confirmation VWAP: Trading near VWAP, showing balance between buyers and sellers ✅ Summary At ₹405, ITC is near the middle of its range. If it holds above ₹405 and breaks ₹409–₹412, bullish momentum can pick up. If it falls below ₹401, it may retest support near ₹398.
NSE:ITCLong
by Knowledgehub
1
MOTHERSON 1D Time frameStock Snapshot Closing Price: ₹105.66 Day's Range: ₹103.26 – ₹106.01 52-Week Range: ₹71.50 – ₹144.66 Market Cap: ₹1,11,518 crore P/E Ratio (TTM): 33.54 P/B Ratio: 3.20 Dividend Yield: 0.80% Book Value: ₹33.05 Beta: 1.64 Volume: 24,534,407 shares traded VWAP: ₹104.93 Face Value: ₹1.00 📈 Performance Overview 1-Week Return: -3.14% 1-Month Return: +13.27% YTD Return: +22.73% 1-Year Return: -11.16% 3-Year Return: +28.45% 5-Year Return: 0.00% 🧾 Financial Highlights TTM EPS: ₹3.15 Net Sales (Latest Four Quarters): ₹9,271.58 crore Net Profit (Latest Four Quarters): ₹605.86 crore Shareholder's Funds: ₹1,676.80 crore Total Assets: ₹3,089.00 crore 🔍 Technical Insights Trend: Currently in a downtrend; price below VWAP indicates bearish momentum. Support Levels: ₹103.26, ₹100.00 Resistance Levels: ₹106.01, ₹110.00 📌 Key Takeaways Dividend: 50% (₹0.50 per share) Bonus Issue: 1:2 ratio Market Position: Strong over 3 years despite short-term volatility Analyst Sentiment: Positive overall, short-term corrections possible
NSE:MOTHERSONLong
by Knowledgehub
3
SENSEX 1D Time frameCurrent Snapshot Closing / Current Level: ~ ₹ 80,426.46 Day’s Range: High ~ ₹ 81,033, Low ~ ₹ 80,332 Open: ~ ₹ 80,956 ⚡ Strategy Thoughts Bullish approach: If it recovers above ~80,700 and holds, targets can be 81,000 → 81,300. Bearish / defensive view: If Sensex fails near 80,700–81,000, or breaks below ~80,300, downside toward 79,800 and lower comes into play. Range play: Between 80,300 and 80,700, you can trade both sides — buy near the bottom of the range, short near resistance — but use tight stops.
BSE:SENSEXLong
by Knowledgehub
2
ETERNAL 1D Time frame📍 Today’s Expected Range (Intraday Approximation) Expected High: ₹341–₹343 Expected Low: ₹336–₹335 These are approximate intraday levels. Actual prices may fluctuate slightly due to volatility. 🔍 Key Points Current price: ₹337–₹338, trading near the middle of the day’s range. If price breaks above ₹343 with strong volume → bullish momentum likely. If price falls below ₹335 → short-term correction or pullback possible. 📊 Suggested Trading Strategy Bullish Scenario If Eternal breaks ₹341–₹343, you can buy, targeting ₹348–₹350. Stop-loss: ₹335 Bearish Scenario If Eternal drops below ₹335, you can sell/short, targeting ₹330–₹325. Stop-loss: ₹338 Range-Bound / Sideways If price trades between ₹335–₹343, it’s better to wait and avoid trading until a clear breakout occurs. 💡 Summary Resistance Zone: ₹341–₹343 Support Zone: ₹335–₹336 Strategy: Trade in the direction of the breakout, and always use stop-loss to manage risk.
NSE:ETERNALLong
by Knowledgehub
8
SBIN 1D Time frame📍 Today’s Expected Range (Intraday Approximation) Expected High: ₹861–₹865 Expected Low: ₹855–₹850 These are approximate intraday levels. Actual prices may fluctuate slightly due to volatility. 🔍 Key Points Current price: ₹860–₹861, close to resistance. If price breaks above ₹861–₹865 with strong volume → bullish momentum likely. If price drops below ₹855–₹850 → short-term correction or pullback possible. 📊 Suggested Trading Strategy Bullish Scenario If SBIN breaks ₹861–₹865, you can buy, targeting ₹870–₹875. Stop-loss: ₹855 Bearish Scenario If SBIN drops below ₹855, you can sell/short, targeting ₹850–₹845. Stop-loss: ₹860 Range-Bound / Sideways If SBIN trades between ₹855–₹861, it’s better to wait and avoid trading until a clear breakout occurs. 💡 Summary Resistance Zone: ₹861–₹865 Support Zone: ₹855–₹850 Strategy: Trade in the direction of the breakout, and always use stop-loss to manage risk.
NSE:SBINLong
by Knowledgehub
2
INFY 1D Time frame📍 Current Price & Range Current Price: ₹1,503.00 Day’s High / Low: ₹1,540.20 / ₹1,499.50 52-week High / Low: ₹2,006.45 / ₹1,307.00 🔍 Key Levels Immediate Resistance: ₹1,540–₹1,550 Next Resistance: ₹1,600 Immediate Support: ₹1,450–₹1,460 Strong Support: ₹1,400 📊 Indicators & Momentum Short-term Trend: Neutral to slightly bearish; recent price action shows hesitation near resistance levels. Volume: Higher-than-average trading volume observed, indicating increased investor interest. Relative Strength Index (RSI): Approaching overbought territory; caution advised for potential pullbacks. Moving Averages: Price trading below key moving averages; may act as resistance if price approaches them. 🔮 Possible Scenarios Bullish Breakout: If INFY sustains above ₹1,550 with strong volume, it could target ₹1,600 and higher levels. Sideways Consolidation: Price may trade between ₹1,450 and ₹1,550, awaiting a catalyst for direction. Bearish Reversal: A drop below ₹1,450 could lead to a retest of the 52-week low around ₹1,307. ⚠️ Outlook At the current level of ₹1,503.00, Infosys is at a critical juncture. A decisive move above ₹1,550 could open up upside potential, while a failure to hold above ₹1,450 may lead to further downside. Monitoring volume and RSI for confirmation is recommended.
NSE:INFYLong
by Knowledgehub
KOTAKBANK 1D Time frame🔍 Current Price & Context Current Price: ₹2,034.10 Day’s Range: ₹2,027.40 – ₹2,054.60 52-Week Range: ₹1,679.05 – ₹2,301.90 Previous Close: ₹2,031.00 Market Cap: ₹4,04,634 Cr P/E Ratio: 21.10 Dividend Yield: 0.12% Beta: 0.97 📊 Technical Indicators Relative Strength Index (RSI): Approximately 49.64, indicating a neutral stance. MACD: Positive, suggesting bullish momentum. Moving Averages: 5-Day: ₹2,032.84 50-Day: ₹2,012.95 200-Day: ₹1,984.69 Pivot Points: S1: ₹2,029.97 Pivot: ₹2,036.07 R1: ₹2,042.17 🧮 Strategy / Trade Ideas Long Setup: Entry: Consider entering near support levels (~₹2,020) if bullish reversal signals appear. Stop Loss: Place below ₹1,980 to manage risk. Target: First resistance around ₹2,042, then ₹2,070. Short Setup: Entry: If price fails to break above resistance (~₹2,042) and shows signs of reversal. Stop Loss: Above ₹2,080. Target: Downside toward ₹2,020, then ₹1,990.
NSE:KOTAKBANKLong
by Knowledgehub
BANKNIFTY 1D Time frame🔍 Current Market Snapshot Current Level: ₹55,541.30 Day’s Range: ₹55,315.55 – ₹55,666.35 52-Week Range: ₹47,702.90 – ₹57,628.40 Previous Close: ₹55,458.85 Market Sentiment: Neutral to mildly bearish 📊 Technical Indicators Moving Averages: The BANKNIFTY index is trading slightly below its short-term moving averages, indicating potential resistance. RSI (14): Approximately 50, suggesting a neutral stance with no clear overbought or oversold conditions. MACD: Neutral, with the MACD line and signal line close together, indicating indecision in market momentum. Stochastic Oscillator: Neutral, fluctuating around the midline, reflecting a lack of strong directional movement. 🧮 Strategy / Trade Ideas Long Setup: Entry: Consider entering near support levels (~₹55,300) if bullish reversal signals appear. Stop Loss: Place below ₹54,800 to manage risk. Target: First resistance around ₹55,800, then ₹56,200. Short Setup: Entry: If price fails to break above resistance (~₹55,800) and shows signs of reversal. Stop Loss: Above ₹56,300. Target: Downside toward ₹55,300, then ₹54,800.
NSE:BANKNIFTYLong
by Knowledgehub
TCS 1D Time frameCurrent Price: Around 3,174 Current Trend: Stock is in a sideways to slightly bullish phase after consolidation. Support Zone: Strong support at 3,140 – 3,150. Buyers may defend this level. Resistance Zone: Key resistance at 3,200 – 3,220. A breakout above 3,220 can trigger fresh upside. Indicators: Daily candles indicate mild buying interest; volume is stable. Outlook: Above 3,220 → bullish momentum may extend toward 3,250+. Below 3,140 → weakness may push toward 3,100–3,120. 👉 In short: Range: 3,140 – 3,220. Neutral to slightly bullish; breakout will determine next move.
NSE:TCSLong
by Knowledgehub
8