The stock has seen exponential rise since last many months without any intermittent major corrections. The fresh trend lines created have been breached now, and stock seems to have entered into sloping / sideways channel since Feb. Expect to see corrections upto 1300-1250 or upto the trend line which will be healthy for accumulation & gather momentum for future uptrend.
Intraday Stocks to Focus for coming sessions
Sun Pharma is showing consolidation from past few sessions
Momentum can come if decisively sustains outside the Range 1640 to 1580
Keep Tracking Charts
* For Educational purposes
Learn and Practice Price Action Setups
SUNPHARMA Prediction for Swing/ Posional Trading
Breakout at entry (1162) level. Entry can be retest in future.
Sls- according to you RRR.
Targets- 1180,1200,1215,1235,1255,1275,1275,1315,1350,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For...
DivisLab made a Proper HigherHigh and HIgherLow.,.
Now its at Proper Higherlow,, look for Priceaction for Proper entry and Stoploss.
There are two levels for Buying.
Follow Risk Management.
📈 Stock Name - Sun Pharmaceuticals Industries Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1380.
🚨 Disclaimer: This is not a Buy...
SunPharma has formed a bearish pattern and until it sustains above 1260, will remain weak and we expect to see 1190 and 1175 on the downside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Sun Pharma- Big RB formed in monthly. The long term target is 2000. Wait for the monthly candle close above the resistance for double confirmation.
Note: This is for educational purpose only and not a buy recommendation.
SUNPHARMA
Clear Breakout of level 1200 - set on 06-Apr-2015
Considering the current momentum and market condition - we should be able to see further up move - if the current breakout sustains.
Stock is trading above all indicators and moving averages.
Add to watchlist --
Sunpharma looks good for a positional/swing trade.
Buying above Rs 690, SL Rs 677.90, Target to be updated soon.
Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
Hello Traders and Investors, i hope you all will be doing good.
I have seen symmetrical breakout in SunPharma so publishing this..you can take advantage with that.
Guy's Sun Pharma is looking good on chart, as it has given a breakout of kind of symmetrical triangle pattern and today price has make a pull back pattern which is going to retest the levels. Price is...
Sun Pharma consolidating after giving Cup and Handle pattern breakout.
Forming poll and flag pattern on weekly time frame.
breaking above 1170 would activate flag pattern and Target would be 1400
