SUNPHARMA
A Bright Sun for Sun Pharma : Target Rs1000 ?NSE:SUNPHARMA is a constant and stable wealth generator.
The regular dividend of Rs2.5/share been given every September each year shows its stable income.
The rise in pharma will also push this scrip and I see a target of Rs1000 in coming weeks for Sun Pharma.
Every idea in this profile is for educational and predictive accuracy log purpose directed to personal use.
I don't recommend trading whatsoever.
DARK HORSE * After a long consolidation in Pharma sector now this sector IS finally wake up and Most underperforming stocks is Sun Pharma .
* In Technical Price action analysis this stock after a long consolidation now ready for breakout the level is 660.0 .
*Closing above 660.00 i am super bullish in this stock and i am also try to pre-attempt this breakout with small qty and with proper risk and money management .
* Technical Evidences - 06 years Long term trendline breakout and also made rounding bottom chart pattern .
This my view in this stock for educational Purpose only.
Kindly Let us Know if you have any Question .
SUN PHARMACEUTICALFUNDAMENTALLY it's a good stock to hold for the long term, But it's not the right time to BUY because based on P/E 61.81 (Below 24 is safe) it's highly expensive.
Technically it's BULLISH since it SUPPORT from 563 LEVEL.
30th March 2020 This UPTREND is continued.
on 12th FEB 2021 Rejected from 654 LEVEL become RESISTANCE LEVEL.
654 RESISTANCE STOP LOSS for SHORT SELL
563 SUPPORT 1
552 SUPPORT 2
SUN PHARMACEUTICAL - Straight Rise or Fall before Rise ? | SwingStock has been bullish in last 3-4 sessions.
There are 2 possible scenarios mentioned in chart, you can trade accordingly depending on if stock breaks the upper TL immediately or breaks it in next few days after bouncing from lower TL.
Keep in radar for April !!
Double bottom reversalSun pharma shows a double bottom reversal pattern at a key support level that gives it more importance to this reversal
Approaching the trend line can give further opportunity for trade.
Remember Risk management is key.
Your hard work is all about restricting your losses as much as you can.
Once you get in trade you do nothing to make that trade in profit all you can do that if that trade doesn't work you cut your losses .
Learn to Earn.






















