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SUNPHARMA

FY21-22 Swing Trade Idea #106: Long on SUNPHARMA This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
NSE:SUNPHARMALong
by onerighttrade
Sun Pharma Consolidating in a Tight RangeSun Pharma has been consolidating in a tight range , on the daily chart. It may give a possible breakout of this range in the short term. Even on a shorter timeframe - hourly chart , stock has retested the resistance/the supply zone multiple times . The supply zone from 677- 680 has been tested by the stock multiple times. Any resistance/support zone when tested by a price , multiple times, it becomes weak and the stock breaks out of the same zone in most of such scenarios.
NSE:SUNPHARMALong
by anusuabose92
▰ Stock of The Month #4: SUNPHARMA ▰▰ Stock of The Month #4: SUNPHARMA ▰ 📌 I have found 25 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ I will post the remaining patterns one by one every month. For more, you can check out my previous studies 😍 as well. Kindly see my announcement section for all the latest. ▣ Key Highlights: ➟ Time frame Weekly ₩ ➟ W pattern ⓦ ➟ Trend line ⍩ ➟ Rounding Arc ◡ ➟ Flag Pattern 🎌 ➟ Unique Confluence Ⓤ 📌 Levels are: Entry: ▲ 710 SL: ☢ 660 Target: ➚ 920/1080 RR: ☈ 1:7.5 Return: 50%+ ☆ Follow me @ tradingview for more updates. Kindly like the chart 💗 & share this analysis. ☆ Thank you. Happy Trading!!! Best Regards, 𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧 𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮. ✮ Disclaimer ✮ -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. --------------------------------------------------------
NSE:SUNPHARMALong
by Profitable_Traders
6
SUNPHARMA: Cup & Handle Formed bullish Peanut pattern in accumulation phase expresses the Fear phase at MAJOR SUPPLY 1H with results into breakout. Further retesting pull-back zone at yellow doted... but if you see observe bearish CUP & HANDLE zone have being leading to frequent breakout upto @648. . Points to be Note (Technical + Fundamental) 1. Nifty Pharma is in accumulation phase with rising wedge which lead SUNPHARMA in upcoming days. 2. Positive: sales has been decreased by 6% but reserves & surplus is increased fairly. 3. On june 2,2021 Sunpharma has overtake its Subsidairy Swiss drugmaker Ferring Pharmaceuticals for producing one of the main pharma product of Swizz under Sunpharma chain. Due to this company standalone profit will be increased. NSE:SUNPHARMA Let me know in comment what's your views?
NSE:SUNPHARMALong
by rajveerscolia