SUNPHARMA also looking food for tomorrow intraday with the target of last high as mentioned on the chart. Buy only above trendline breakout and closing.
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...
Sun Pharma has given triangle breakout with a good delivery volume. All indicators are indicating bullish trend ahead, Target of triangle breakout comes to 730.
* 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...
FUNDAMENTALLY 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...
Stock 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 !!
Sun Pharma Has Given a Breakdown & Currently Retested @ 622 on Daily Chart
A Good Opportunity to Short With a Small Stop Loss of 644 & a TGT of 572 , 552
Only For Educational Purpose |||
Sunpharma: daily chart at the edge of neckline breakout/triangular breakout with apna wala candle formation (bullish Candle stick pattern) with good closing in last treading session keep it on radar above 613 for short term (5 days). t1-621/628/635 with support of 605.90
SUNPHARMA is looking bullish for coming days. Broken out of the trend line with strong closing, but keep the check because next important resistance is near.
