After a consolidation Sun Pharma Breakout and trading at 52week High
There is a strong resistance of 840, stock two times reverse from this level, . And then recovered in a v shaped now again today touched the level and made the breakout candle, . So tomorrow if share goes above 840, we can buy this trade. . What's your view on this comment below in the box
NSE:SUNPHARMA Trade Setup for Date 11-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
sunpharma looks so bullish if it breaks previous day high we can go long and take up side target
The stock is gradually moving up and is expected to reach the targets shown in chart.
there may be a good move again in sunpharma as forming flag pattern
Weekly cup and handle pattern breakout after a break consolidation seen on weekly timeframe Momentum and trend is bullish all timeframes. Neckline of breakout can be stop loss for positional and swing trades could have breakout candle on weekly For stop loss. sector is consolidating since 4 months and resisting a bit at the bull zones. and a weekly momentum...
Sun Pharma - We observe Sun Pharma giving a steep rise in July month end (Pole formation) - thereafter the stock went in to consolidation phase (Flag formation) - Now the stock has come out from that consolidation phase - going forward, on the lower side 780- 760 may provide support If the stock manages to hold on to 780-760 zone for some time, then 930 / 944...
NSE:SUNPHARMA Observations: 1) On 1hr time frame we can see parallel channel uptrend. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date 01-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned...
Looking for a decent upmove once again Break of range with high volume Trend bullish in weekly as well as monthly charts Over the period it has proved to give decent returns View negated below 795
Sun pharma has given breakout with good intensity of volume, and recently pulled back in wave 2, now wave 3 circle is going on and within that, wave I and II are completed recently and wave III has started, all the key levels are mentioned on chart, one can go long at current levels or in dips ( if any ) with stoploss of 750 for targets of 900 - 925 levels....
Flag and pole breakout in SUNPHARMA. Wait for retracement to enter.
Sun Pharma NSE:SUNPHARMA looks good for a short term swing trade. I have mentioned the targets and stoploss in the above chart. Trade with caution. Thanks. Happy Trading
The stock was moving in a parallel channel for a few weeks, and has broken out of the pattern today supported with high volumes. The levels of 854 and 930 look pretty likely if the stock sustains 800 levels. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment...
sun pharma chart analysis for intraday and swing trading
if it closes below yellow line today , it may fall so stay cautious as it is at harmonic resistance trade and invest at your on risk
On Daily time frame SUNPHARMA created flag pattern. If this stock gives breakout the resistance zone and started trading above 790 then expected further bullish rally towards the 930+ target in short term period.