Sunpharma!Why not to invest!All Details availble in chart!
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SUNPHARMA
SUNPHARMA_LONGhello folks!
*stock broken out from symmetrical triangle pattern
*looks good till 655
All the best!
Jyoti Labs buy trend continuation on 60 min chartJyothy Labs is in a strong uptrend and is continuing its move. Recently it has tested its previous resistance which is now working as a support and now given the breakout of a down trendline so we can ride this trend with strick stoploss.
SUNPHARMA - THE WHOLE PHARMA SECTOR UNDER RADARLOOK OUT FOR A BREAKOUT IN SUNPHARMA AS WELL AS DR REDDY AS THEY ARE NR7 CANDIDATE. THEY HAVE BEEN CONSOLIDATING FOR THE PAST 3 DAYS.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
SUNPHARMA - 10-08-2020 IntradayBuy above 528
Target - 534
SL - 524
Sell Below 524
Target - 518
SL 528
Disclaimer:
All charts are purely for educational and information purpose only.
Invest or Trade with the help of your financial advisor or on your own risk.
SUNPHARmA SUNPHARmA looks to be consolidating in the zone of 470-515 in converging trend lines. Break & close above 520 should take the stock towards 550. It can be bought above 520 for target of 550 with a stop below 505
Sunpharma Overbought RSI LevelsSunpharma Overbought RSI
Resistance around 550-580.
On upside we may see
the level of 560 in short term.
Support is around 510-485
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Updated on : 01-Aug-2020 11.00pm
Disclaimer: Only for learning purpose.
Sunpharma ... At the edgeAfter a big volume bearish day, the stock managed to post a positive candle from support zone and close above the cloud. the big question is when will it break out. This stock is struggling to cross 512 and building a base with higher lows and flattish top ... need to see some action soon .... hopefully on the bullish side.
SUNPHARMABreakout out on the note of a very high volume though wick is visible range of the candle is wide and the volumes are stronger. Also the relative strength is sloping upwards.
Sunpharma BreakoutWait for this to break and sustain in one hour chart, then we can see a good upside.
Test of Patience... Consolidation stage Over... Now Breakout ??Sunpharma looking very good. Today it has given a closing above a psychological whole number level and increasing volume suggests, this could breakout.
Sunpharma : Best Bullish pattern Sunpharma is at crossroads and the view is it will cross 510 lvls within next few weeks and once it breaches 510 lvls it would be breaking out of multiple resistance lvls.
MACD is clearly showing abc bullish pattern where "C" wave part is about to begin on upside after breaking out.
Watchout Stock for August Expiry : Long SunPharma & Short Dabur
Long at CMP(485) or above 510 with sl at 465
Trail with 50EMA on Daily Charts if it breaks above 510
