Education only. No Buy Sell Suggestion. CMP 565 SL Red line 549 T Blue lines.
sell Sunpharma 561.30/- right now
Seems bullish if holds above 613.5 for 627/638. Regards
Price - 511.65 Dt. - 27-11-2020 Support level is placed at ₹501.75 and resistance level at ₹545.70 and then ₹560. On a daily chart, the stock made a shooting star pattern with more than an average volume indicating that stock can continue falling for a couple of days. RSI is neutral. We are witnessing the selling pressure in Nifty as well as in Nifty Pharma so...
Holding current level might push to the levels mentioned above. Regards
Sun Pharma had taken support at 100SMA in daily charts. Usually stocks taking support at 100SMA shows good momentum in upmove. Retracement offers low risk entry levels.
Bullish in SPARC. Brekout and also Crossing moving averages. Target 194, 204, 215.
SunPharma Short Only Result Can Save this.
Sunpharma @ 518-522 may face resistance . keep eyes for any either side good trending move
After being in the Downward Channel for some time, SUNPHARMA gave a good volume breakout. After giving a breakout on the 1 hr time frame, it formed an inverse head and shoulders pattern. And today, i.e 17th November, it broke its neckline. Due to these factors, I am long on this stock. I have also given a target which I think would be met in this week. This stock...
Long at 520.20 sl 511 tgt 540 and plus #Long #Bullish #Sunpharma #deeppockets #trend
Sun pharma has formed inverted H&S in hourly chart. Can continue the uptrend in intraday if breaks neckline at 518.5 with good volumes. Targets: 525, 530