Sun Pharma is forming double Bottom on Daily Charts & Getting Ready for New Rally... Downside is Limited & upside potentials very High. Good Stock for Investment at current Levels for coming few months ROI can be 20-3% in 5-6 Months.
i guys, In this chart i Drew My Best Levels in SUNPHARMA for Long position using 4H Time frames.... I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell...
Perfect Head and shoulder break down can be there in the Sun Pharma stock. It is trading around the neck line. Sun Pharma is in the sell zone, as the market has retest the recent 50% fib levels. This stock never fails to respect the fibonacci levels. It has been consolidating and on the daily charts it has formed a gravestone doji. Stock is near it 200 DMA and...
Consolidation below highs over. Turning back on the daily charts as well as weekly charts Bull trend on weekly charts started in 2020 - and the past 2 months were a longer term pull back in this bull trend Stop Loss - 950 which is the median of the level at which consolidation started Price Target - 1050 which was the previous high Low Risk / Higher...
Technical Analysis : Chart Type: Daily Chart Pattern : Inverse Head and Shoulder RSI : Above 50 Price is above 20 days MA and 200 day MA Expected target : 990-1000
Sun pharma is moving in multi year Channel, long at supporting trendline Nd short at resistance Trendline.
Following up on our earlier post for the scrip (link in related ideas and below.... The scrip is moving as per expectations. However, we would like it to reach the upper resistance zone in a clean 5 wave structure. Expected path marked... Lets see how this develops...
Price has been consolidating near polarity support. RSI divergence is clearly visible on the charts. crossing 980 would signal resumption of up trend. Lets see how this develops.
Hope Sunpharama continue bullish move. Strong player in pharama sector, good for trading. *Not for trade. * for edu purpose only.
Shunted till 992 above 972 Shunted tlll 946 if enters 972 Crossing 980 confirms the upside trend till 993
SUNPHARMA taking good support at 200ema ready for upmove resistance at 985 after breaking 1000+ target educational idea only
BUY - SUN PHARMACEUTICALS CMP - Rs. 957 Target - 1: Rs. 1000 Target - 2: Rs. 1121 . . . Technicals - Navarro 200 Harmonic Pattern . Comment: Stock is currently in consolidation. . Follow me for more!
Nifty Pharma Near Make-or-Break Zone 11200/11400 Nifty Pharma on Long Term Charts nearing make or break zone Reversal from here will be good opportunity for long term traders / investors
In daily TF trendline broken at retest zone of breakout Cup and Handle in 15min
Sunpharma Cmp - 984.5 Sell On Any Rise B/w 993 - 1000 SL - 1018 ( Day Closing Basis ) Target - 965/970
Sun Pharma is near Support Zone on daily chart. It is Good Opportunity to take Swing Trade Entry We can go long on next candle open. Target We can keep target near the next resistance zone as marked on chart. Stoploss We can keep the stoploss below the support zone. Please like and follow me.
Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend. Support occurs where a downtrend is expected to pause due to a concentration of demand. Market psychology plays a major role as traders and investors remember the past and react to changing conditions to...
both side potential no trading zone purple box upside target 200ema , 2nd target horizontal line downside 1000rs is a round figure or a psychology number follow your risk management . stoploss hit close your laptop