SUNPHARMA
Sunpharma channel retracementas we can see after the 18th march the price took a suppport and went back to the resistance level of the channel so we can expect one more retracement after 18 jun 2021.
sunpharma for tuesday (25th may)on 15 min tf , sunpharma is forming a flag....these type of charts usually gives a good move on the upside
but this can be also traded on the downside if the price breaks the trendline downside
wait for retest
keep a target of 0.8 or 1% of the stock......
SUNPHARMA (Intraday)Sunpharma
Take entry only after the breakout (candle closing)
Buy above 692.50
t1 695
t2 698
sl 688
sell below 687.50
t1 685
t2 680
sl 691.50
Sunpharma levels updated for fridaythe levels did not trigger on Friday but we have better entries now.
Broke the trendline on Friday retested and again trying to make a low. Lower lows are made and currently it is mahing a h&s pattern before a breakdown
Good short below 700 and 690 will be a easy target. Book partial profits at 696 NSE:SUNPHARMA
SUNPHARMA 14 May Friday Levels are on the chart extracted by range pattern. Feel free to ask questions or queries in the comment section.
Trade Wisely and Smartly.
SUNPHARMA 14 May FridayLevels are on the chart extracted by range pattern.
If you have any doubt or query, feel free to ask in the comment section.
Trade Wisely and Smartly.
Positional--sunpharma long...Sun pharma forming very good base
volume was picking up in uptrend and drying up in consolidation
above 660
target-686-710
weak below 629
fundamentals
Market Cap-- ₹ 154,373 Cr.
ROCE-- 10.5 %
ROE-- 9.06 %
Promoter +institutional holdings-- 87%
Dark Horse of Pharma Sector* 04 years consolidation breakout with high volume .
* Made a rounding bottom chart pattern .
* This is updated chart of sunpharma . Attach the previous chart for referrence .
SUNPHARMA 27/04/21SUNPHARMA price has taken strong support at current levels. May go high from this point.
Targets are given on the chart.
Trade Wisely and Smartly.
SUNPHARMA 27/04/21SUNPHARMA price shows a strong support at current levels. May go high from this point.
Targets are given on the chart.
Trade Wisely and Smartly.
SunPharma - Symmetrical TriangleSUNPHARMA also looking food for tomorrow intraday with the target of last high as mentioned on the chart. Buy only above trendline breakout and closing.
SUNPHARMA in a selling mood?Yesterdays Shooting Star and todays Doji currently ongoing. Do it suggest a correction at top. AB = AC Pattern completes at 660.00 levels which is almost todays high. Wave 5 is completing at same level of 666.00. Stock is again back from above. Is correction expected.
