SUNPHARMA
GO-LONG~EMA~KAMA~SUPPORTI have used EMA and KAMA lines here.
By using EMA line, I can get the better idea about price movement rather than using SMA && by using KAMA line I can avoid noise.
here in this chart time frame is of 60 min, EMA(20) & KAMA(14,5,30).
You can see here, whenever the EMA line crosses the KAMA line the trend changes.
My recommendations here is to go long in SUN PHARMA.
1. it has already corrected about 120 rs.(from 680 to 560).
2. in daily time frame there is a strong support level around 560.
3. the EMA line just crossed the KAMA line.
Have a long position and enjoy the profit.
thank You!
wockpharma seems very strong the stock looks to set for a rally of 12/15% in coming days , if continiously holds 490 on closing basis ! even a 20% move cannot be denied .
auropharma important levels better to stay long on dip in the counter , looks set for a 50% or more upside ! in couple of months !
Sun Pharma - Nice Mov Average Crossover tradeHi All ,
No Naked put/call buy/sell , We can't say if Nifty won't go below further , if it goes , It takes down everything.
Following is strategy:
Buy 630 Call @ 24 , 1 lot
Buy 630 Put @ 19 , 1 lot
Target shown on charts ,Let it go in any direction.
P.S : options are risky , consult your financial adviser before taking trade.
Sun Pharma in Dynamic SupportSun Pharma is in dynamic support line/trend line. And NIfty Pharma is also formed hammer candle on daily basis, moreover sun pharma also gave bullish engulfing pattern, so its looking towards to move up with the minimum target of 670 in a week or in good number of days!
Sun Pharma cheap Drug at 630Hi All,
NO naked buy/sell of call /put options, no over leverage.
Following strategy :
Buy 640 call @ 16.5 , 1lot
Sell 660 call @ 10 , 1lot
Lot size is 1100 , Total risk is 1100 * 6.5 = 7k approx
Let it run , any close above 650 we will book profit , we will get out i.e stop loss would be EOD close below 600
Expected profit is 5-12 rs , Don't expect 5 lakh from one trade , No overleverage , no naked buy /sell
ps : consult your financial adviser , capital loss risk involved
